BINDER STEVEN G 4
4 · HORMEL FOODS CORP /DE/ · Filed Sep 8, 2017
Insider Transaction Report
Form 4
BINDER STEVEN G
Group Vice President
Transactions
- Exercise/Conversion
Common Stock
2017-09-07$10.04/sh+15,000$150,525→ 26,837.597 total - Sale
Common Stock
2017-09-07$31.23/sh−15,000$468,453→ 11,837.597 total - Exercise/Conversion
Stock Options (Right to Buy)
2017-09-07−15,000→ 0 totalExercise: $31.25Exp: 2017-12-04→ Common Stock (15,000 underlying)
Holdings
- 336,924.322(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Reflects the weighted average price of 15,000 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on September 7, 2017, with sale prices ranging from $31.23 to $31.235 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 4, 2008.