Schweitzer Bruce R 4
4 · HORMEL FOODS CORP /DE/ · Filed Dec 5, 2011
Insider Transaction Report
Form 4
Schweitzer Bruce R
Vice President
Transactions
- Sale
Common Stock
2011-12-02$29.12/sh−8,109$236,137→ 1,901 total - Exercise/Conversion
Stock Options (Right to Buy)
2011-12-02$12.63/sh−10,000$126,300→ 10,000 totalExercise: $12.63Exp: 2018-12-02→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2011-12-02$12.63/sh+10,000$126,300→ 10,010 total - Tax Payment
Common Stock
2011-12-02$29.93/sh−1,891$56,598→ 10 total
Footnotes (4)
- [F1]All share amounts reflect the stock split effective February 1, 2011.
- [F2]Reporting Person holds indirectly 2,439.4 shares in the 401(k), and 30,533.8 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 vests in four equal annual installments, with the first group vesting on December 2, 2009.