HORMEL FOODS CORP /DE/ 4
4 · HORMEL FOODS CORP /DE/ · Filed Sep 1, 2016
Insider Transaction Report
Form 4
Kremin Donald H
Vice President
Transactions
- Exercise/Conversion
Common Stock
2016-08-30$12.48/sh+40,000$499,200→ 112,738.338 total - Exercise/Conversion
Common Stock
2016-08-31$9.35/sh+400$3,741→ 32,738.335 total - Exercise/Conversion
Stock Options (Right to Buy)
2016-08-31−400→ 0 totalExercise: $9.35From: 2010-12-16Exp: 2017-01-08→ Common Stock (400 underlying) - Exercise/Conversion
Stock Options (Right to Buy)
2016-08-30−40,000→ 0 totalExercise: $12.48Exp: 2020-12-07→ Common Stock (40,000 underlying) - Exercise/Conversion
Common Stock
2016-08-30$9.56/sh+40,000$382,500→ 72,738.335 total - Exercise/Conversion
Stock Options (Right to Buy)
2016-08-30−40,000→ 0 totalExercise: $9.56Exp: 2019-12-01→ Common Stock (40,000 underlying) - Sale
Common Stock
2016-08-30$37.86/sh−80,400$3,044,169→ 32,338.335 total
Holdings
- 6,002.519(indirect: By 401(k))
Common Stock
- 4,424.915(indirect: JEPST Plan)
Common Stock
Footnotes (3)
- [F1]Reflects the weighted average price of 80,400 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on August 30, 2016 with sale prices ranging from $37.7601 to $37.91 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.
- [F2]The option vested in four equal annual installments, with the first group vesting on December 1, 2010.
- [F3]The option vested in four equal annual installments, with the first group vesting on December 7, 2011.