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HORMEL FOODS CORP /DE/·4

Mar 15, 1:27 PM ET

Tegt Robert A 4

4 · HORMEL FOODS CORP /DE/ · Filed Mar 15, 2011

Insider Transaction Report

Form 4
Period: 2011-03-11
HORMEL FOODS CORP /DE/HRL
Tegt Robert A
Group Vice President
Transactions
  • Exercise/Conversion

    Common Stock

    2011-03-11$16.37/sh+20,000$327,400→ 20,201.594 total
  • Tax Payment

    Common Stock

    2011-03-11$27.57/sh−2,721$75,018→ 201.594 total
  • Sale

    Common Stock

    2011-03-11$27.64/sh−17,279$477,535→ 2,922.594 total
  • Exercise/Conversion

    Stock Options (Right to Buy)

    2011-03-11$16.37/sh−20,000$327,400→ 0 total
    Exercise: $16.37Exp: 2015-12-06→ Common Stock (20,000 underlying)
Footnotes (4)
  • [F1]All share amounts reflect the stock split effective February 1, 2011.
  • [F2]Reporting Person indirectly holds 44,591.395 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 6, 2006.

Documents

1 file
  • 4
    edgar.xmlPrimary

    FORM 4 -