MARVIN SUSAN I 4
4 · HORMEL FOODS CORP /DE/ · Filed Feb 3, 2011
Insider Transaction Report
Form 4
MARVIN SUSAN I
Director
Transactions
- Award
Common Stock
2011-02-01$24.84/sh+4,500$111,780→ 50,873.676 total - Award
Stock Options (Right to Buy)
2011-02-01$24.84/sh+6,600$163,944→ 6,600 totalExercise: $24.84From: 2011-08-01Exp: 2021-02-01→ Common Stock (6,600 underlying)
Footnotes (2)
- [F1]Except for the 4,500 Restricted Shares being reported on this form, reported shares do not reflect a two-for-one stock split effective February 1, 2011, as the distribution date of the split shares is February 14, 2011. Of the shares being reported, 14,500 shares are subject to certain restrictions (including possible forfeiture) applicable to restricted stock grants under the 2000 Stock Incentive Plan, the 2009 Long-Term Incentive Plan, and the Restricted Stock Award Agreements. Reporting Person also holds 15,174 phantom shares in her deferred stock plan account.
- [F2]Adjusted for the stock split effective February 1, 2011.