4//SEC Filing
MORRISON JOHN L 4
Accession 0001179110-17-013297
CIK 0000048465other
Filed
Oct 15, 8:00 PM ET
Accepted
Oct 16, 5:10 PM ET
Size
23.9 KB
Accession
0001179110-17-013297
Insider Transaction Report
Form 4
MORRISON JOHN L
Director
Transactions
- Sale
Common Stock
2017-10-13$31.81/sh−24,814$789,445→ 169,620.988 total - Exercise/Conversion
Common Stock
2017-10-13$7.60/sh+16,000$121,560→ 152,034.988 total - Exercise/Conversion
Common Stock
2017-10-13$9.74/sh+16,000$155,880→ 136,034.988 total - Exercise/Conversion
Common Stock
2017-10-13$9.78/sh+16,000$156,480→ 168,034.988 total - Exercise/Conversion
Stock Options (Right to Buy)
2017-10-13−16,000→ 0 totalExercise: $7.60Exp: 2019-02-02→ Common Stock (16,000 underlying) - Exercise/Conversion
Stock Options (Right to Buy)
2017-10-13−13,200→ 0 totalExercise: $12.42Exp: 2021-02-01→ Common Stock (13,200 underlying) - Exercise/Conversion
Common Stock
2017-10-13$12.42/sh+13,200$163,944→ 181,234.988 total - Exercise/Conversion
Stock Options (Right to Buy)
2017-10-13−16,000→ 0 totalExercise: $9.74Exp: 2018-02-01→ Common Stock (16,000 underlying) - Exercise/Conversion
Common Stock
2017-10-13$14.48/sh+13,200$191,202→ 194,434.988 total - Exercise/Conversion
Stock Options (Right to Buy)
2017-10-13−16,000→ 0 totalExercise: $9.78Exp: 2020-02-01→ Common Stock (16,000 underlying) - Exercise/Conversion
Stock Options (Right to Buy)
2017-10-13−13,200→ 0 totalExercise: $14.48Exp: 2022-02-01→ Common Stock (13,200 underlying)
Holdings
- 60,480(indirect: By Trust)
Common Stock
- 56,600(indirect: GRAT)
Common Stock
Footnotes (6)
- [F1]The option vested in four equal annual installments, with the first group vesting on February 1, 2009.
- [F2]The option vested in four equal annual installments, with the first group vesting on February 2, 2010.
- [F3]The option vested in four equal annual installments, with the first group vesting on February 1, 2011.
- [F4]The option vested in four equal annual installments, with the first group vesting on February 1, 2012.
- [F5]The option vested in four equal annual installments, with the first group vesting on February 1, 2013.
- [F6]Reflects the weighted average price of 24,814 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on October 13, 2017, with sale prices ranging from $31.80 to $31.83 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.
Documents
Issuer
HORMEL FOODS CORP /DE/
CIK 0000048465
Entity typeother
Related Parties
1- filerCIK 0001271481
Filing Metadata
- Form type
- 4
- Filed
- Oct 15, 8:00 PM ET
- Accepted
- Oct 16, 5:10 PM ET
- Size
- 23.9 KB