Schroeder James R 4
4 · HORMEL FOODS CORP /DE/ · Filed Mar 9, 2011
Insider Transaction Report
Form 4
Schroeder James R
Vice President
Transactions
- Sale
Common Stock
2011-03-07$27.16/sh−7,115$193,267→ 976.449 total - Tax Payment
Common Stock
2011-03-07$27.42/sh−885$24,267→ 91.449 total - Exercise/Conversion
Stock Options (Right to Buy)
2011-03-07$19.13/sh−5,000$95,625→ 15,000 totalExercise: $19.13Exp: 2019-12-01→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2011-03-07$19.36/sh+3,000$58,065→ 3,091.449 total - Exercise/Conversion
Stock Options (Right to Buy)
2011-03-07$19.36/sh−3,000$58,065→ 0 totalExercise: $19.36Exp: 2016-12-05→ Common Stock (3,000 underlying) - Exercise/Conversion
Common Stock
2011-03-07$19.13/sh+5,000$95,625→ 8,091.449 total
Footnotes (5)
- [F1]All share amounts reflect the stock split effective February 1, 2011.
- [F2]Reporting Person also holds 2,064 shares in the 401(k), and 8,433 shares in the JEPST Trust.
- [F3]Reporting Person has exercised Stock Withholding Rights in connection with this option exercise, as reflected on Table I.
- [F4]The option vested in four equal annual installments, with the first group vesting on December 5, 2007.
- [F5]The option is vesting in four equal annual installments, with the first group vesting on December 1, 2010.