Home/Filings/4/0001179110-16-019911
4//SEC Filing

HORMEL FOODS CORP /DE/ 4

Accession 0001179110-16-019911

$HRLCIK 0000048465operating

Filed

Feb 22, 7:00 PM ET

Accepted

Feb 23, 6:00 PM ET

Size

14.0 KB

Accession

0001179110-16-019911

Insider Transaction Report

Form 4
Period: 2016-02-19
Gentzler Roland G
VP and Treasurer
Transactions
  • Exercise/Conversion

    Common Stock

    2016-02-19$10.04/sh+40,000$401,40060,972.14 total
  • Sale

    Common Stock

    2016-02-23$43.51/sh19,154$833,29520,972.14 total
  • Tax Payment

    Common Stock

    2016-02-19$42.89/sh9,358$401,36551,614.14 total
  • Exercise/Conversion

    Stock Options (Right to Buy)

    2016-02-1940,0000 total
    Exercise: $10.04Exp: 2017-12-04Common Stock (40,000 underlying)
  • Tax Payment

    Common Stock

    2016-02-19$42.89/sh11,488$492,72040,126.14 total
Holdings
  • Common Stock

    (indirect: JEPST Plan)
    21,095.286
  • Common Stock

    (indirect: By Children)
    1,337.916
  • Common Stock

    (indirect: By 401(k))
    8,261.582
Footnotes (4)
  • [F1]Reflects the two-for-one stock split effective January 27, 2016.
  • [F2]Reflects the weighted average price of 19,154 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on February 23, 2016 with sale prices ranging from $43.46 to $43.58 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.
  • [F3]These shares are held in trust for the benefit of the reporting person's grandchildren. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
  • [F4]The option vested in four equal annual installments, with the first group vesting on December 4, 2008.

Issuer

HORMEL FOODS CORP /DE/

CIK 0000048465

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000048465

Filing Metadata

Form type
4
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 6:00 PM ET
Size
14.0 KB