BROSS RICHARD A 4
4 · HORMEL FOODS CORP /DE/ · Filed Dec 3, 2012
Insider Transaction Report
Form 4
BROSS RICHARD A
Group Vice President
Transactions
- Exercise/Conversion
COMMON STOCK
2012-11-30$19.36/sh+84,000$1,625,820→ 216,342 total - Exercise/Conversion
COMMON STOCK
2012-11-30$12.63/sh+82,500$1,041,975→ 298,842 total - Tax Payment
COMMON STOCK
2012-11-30$30.84/sh−86,503$2,667,753→ 212,339 total - Exercise/Conversion
STOCK OPTIONS (RIGHT TO BUY)
2012-11-30−82,500→ 27,500 totalExercise: $12.63Exp: 2018-12-02→ COMMON STOCK (82,500 underlying) - Sale
COMMON STOCK
2012-11-29$30.58/sh−22,138$677,066→ 132,342 total - Exercise/Conversion
STOCK OPTIONS (RIGHT TO BUY)
2012-11-30−84,000→ 0 totalExercise: $19.36Exp: 2016-12-05→ COMMON STOCK (84,000 underlying) - Tax Payment
COMMON STOCK
2012-11-30$30.84/sh−34,159$1,053,464→ 178,180 total
Holdings
- 19,729.09(indirect: By 401(k))
COMMON STOCK
- 23,443.339(indirect: JEPST PLAN)
COMMON STOCK
- 37,732(indirect: By Spouse)
COMMON STOCK
Footnotes (3)
- [F1]The option vested in four equal annual installments, with the first group vesting on December 5, 2007.
- [F2]The option vests in four equal annual installments, with the first group vesting on December 2, 2009.
- [F3]Reflects the weighted average price of 22,138 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on November 29, 2012 with sales prices ranging from $30.53 to $30.67 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.