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
Gentzler Roland G
VP and Treasurer
Transactions
- Exercise/Conversion
Common Stock
2016-02-19$10.04/sh+40,000$401,400→ 60,972.14 total - Sale
Common Stock
2016-02-23$43.51/sh−19,154$833,295→ 20,972.14 total - Tax Payment
Common Stock
2016-02-19$42.89/sh−9,358$401,365→ 51,614.14 total - Exercise/Conversion
Stock Options (Right to Buy)
2016-02-19−40,000→ 0 totalExercise: $10.04Exp: 2017-12-04→ Common Stock (40,000 underlying) - Tax Payment
Common Stock
2016-02-19$42.89/sh−11,488$492,720→ 40,126.14 total
Holdings
- 21,095.286(indirect: JEPST Plan)
Common Stock
- 1,337.916(indirect: By Children)
Common Stock
- 8,261.582(indirect: By 401(k))
Common Stock
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.
Documents
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