GOETTSCH DENNIS B 4
4 · HORMEL FOODS CORP /DE/ · Filed Oct 12, 2011
Insider Transaction Report
Form 4
GOETTSCH DENNIS B
Vice President
Transactions
- Exercise/Conversion
Common Stock
2011-10-10$15.04/sh+24,000$360,840→ 32,770 total - Exercise/Conversion
Stock Options (Right to Buy)
2011-10-10$15.04/sh−24,000$360,840→ 0 totalExercise: $15.04Exp: 2014-12-07→ Common Stock (24,000 underlying) - Tax Payment
Common Stock
2011-10-10$28.17/sh−3,660$103,102→ 8,770 total - Sale
Common Stock
2011-10-10$28.30/sh−20,340$575,677→ 12,430 total
Footnotes (4)
- [F1]All share amounts reflect the stock split effective February 1, 2011.
- [F2]Reporting Person holds indirectly 16,064.3 shares in the 401(k), and 9,209.7 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 7, 2005