Schroeder James R 4
4 · HORMEL FOODS CORP /DE/ · Filed Jun 21, 2011
Insider Transaction Report
Form 4
Schroeder James R
Vice President
Transactions
- Exercise/Conversion
Common Stock
2011-06-20$20.07/sh+2,250$45,158→ 2,341.843 total - Tax Payment
Common Stock
2011-06-20$28.96/sh−226$6,545→ 91.843 total - Exercise/Conversion
Stock Options (Right to Buy)
2011-06-20$20.07/sh−2,250$45,158→ 750 totalExercise: $20.07Exp: 2017-12-04→ Common Stock (2,250 underlying) - Sale
Common Stock
2011-06-20$29.09/sh−2,024$58,880→ 317.843 total
Footnotes (4)
- [F1]All share amounts reflect the stock split effective February 1, 2011.
- [F2]Reporting Person holds indirectly 2,142.4 shares in the 401(k), and 8,449 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 vests in four equal annual installments, with the first group vesting on December 4, 2008.