SNYDER WILLIAM F 4
4 · HORMEL FOODS CORP /DE/ · Filed Dec 11, 2012
Insider Transaction Report
Form 4
SNYDER WILLIAM F
Senior Vice President
Transactions
- Tax Payment
COMMON STOCK
2012-12-10$31.03/sh−3,881$120,427→ 80,370.094 total - Tax Payment
COMMON STOCK
2012-12-10$31.03/sh−15,593$483,851→ 84,251.094 total - Sale
COMMON STOCK
2012-12-10$31.04/sh−5,526$171,541→ 74,844.094 total - Exercise/Conversion
STOCK OPTIONS (RIGHT TO BUY)
2012-12-10−25,000→ 25,000 totalExercise: $19.36Exp: 2016-12-05→ COMMON STOCK (25,000 underlying) - Exercise/Conversion
COMMON STOCK
2012-12-10$19.36/sh+25,000$483,875→ 99,844.094 total
Footnotes (2)
- [F1]The option vested in four equal annual installments, with the first group vesting on December 5, 2007.
- [F2]Reflects the weighted average price of 5,526 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on December 10, 2012 with sale prices ranging from $31.03 to $31.0501 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.