Schweitzer Bruce R 4
4 · HORMEL FOODS CORP /DE/ · Filed Jun 3, 2011
Insider Transaction Report
Form 4
Schweitzer Bruce R
Vice President
Transactions
- Exercise/Conversion
Stock Options (Right to Buy)
2011-06-01$19.36/sh−5,000$96,775→ 15,000 totalExercise: $19.36Exp: 2016-12-05→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2011-06-01$19.36/sh+5,000$96,775→ 5,010 total - Sale
Common Stock
2011-06-01$29.32/sh−4,443$130,283→ 567 total - Tax Payment
Common Stock
2011-06-01$29.33/sh−557$16,337→ 10 total
Footnotes (4)
- [F1]All share amounts reflect the stock split effective February 1, 2011.
- [F2]Reporting Person holds indirectly 2,401 shares in the 401(k), and 30,230.8 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.