BROSS RICHARD A 4
4 · HORMEL FOODS CORP /DE/ · Filed Jul 3, 2012
Insider Transaction Report
Form 4
BROSS RICHARD A
Group Vice President
Transactions
- Tax Payment
Common Stock
2012-07-02$30.42/sh−45,203$1,375,075→ 154,432 total - Exercise/Conversion
Stock Options (Right to Buy)
2012-07-02−84,000→ 0 totalExercise: $16.37Exp: 2015-12-06→ Common Stock (84,000 underlying) - Exercise/Conversion
Common Stock
2012-07-02$16.37/sh+84,000$1,375,080→ 199,635 total - Tax Payment
Common Stock
2012-07-02$30.42/sh−17,188$522,859→ 137,244 total
Footnotes (4)
- [F1]All share amounts reflect the stock split effective February 1, 2011.
- [F2]Reporting Person holds indirectly 19,330.4 shares in the 401(k), and 23,328 shares in the JEPST Trust. In addition, 37,732 shares are held by his spouse, on which beneficial ownership is disclaimed.
- [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 6, 2006.