Tegt Robert A 4

4 · HORMEL FOODS CORP /DE/ · Filed Jun 30, 2011

Form 4

Period: 2011-06-28

Group Vice President

Transactions

Exercise/Conversion
Common Stock
2011-06-28$19.36/sh+40,000$774,200→ 40,202.462 total
Sale
Common Stock
2011-06-28$29.39/sh−93,021$2,734,120→ 17,181.462 total
Exercise/Conversion
Stock Options (Right to Buy)
2011-06-28$19.36/sh−40,000$774,200→ 0 total
Exercise: $19.36Exp: 2016-12-05→ Common Stock (40,000 underlying)
Exercise/Conversion
Common Stock
2011-06-28$20.07/sh+30,000$602,100→ 70,202.462 total
Exercise/Conversion
Stock Options (Right to Buy)
2011-06-28$20.07/sh−30,000$602,100→ 10,000 total
Exercise: $20.07Exp: 2017-12-04→ Common Stock (30,000 underlying)
Exercise/Conversion
Common Stock
2011-06-28$12.63/sh+40,000$505,200→ 110,202.462 total
Tax Payment
Common Stock
2011-06-28$29.29/sh−16,979$497,315→ 202.462 total
Exercise/Conversion
Stock Options (Right to Buy)
2011-06-28$12.63/sh−40,000$505,200→ 40,000 total
Exercise: $12.63Exp: 2018-12-02→ Common Stock (40,000 underlying)

Footnotes (6)

[F1]All share amounts reflect the stock split effective February 1, 2011.
[F2]Reporting Person holds indirectly 41.6 shares in the 401(k), and 45,042 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 4, 2008.
[F6]The option is vesting in four equal annual installments, with the first group vesting on December 2, 2009.

Documents

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