MORRISON JOHN L 4

4 · HORMEL FOODS CORP /DE/ · Filed Oct 16, 2017

Form 4

Period: 2017-10-13

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 total
Exercise: $7.60Exp: 2019-02-02→ Common Stock (16,000 underlying)
Exercise/Conversion
Stock Options (Right to Buy)
2017-10-13−13,200→ 0 total
Exercise: $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 total
Exercise: $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 total
Exercise: $9.78Exp: 2020-02-01→ Common Stock (16,000 underlying)
Exercise/Conversion
Stock Options (Right to Buy)
2017-10-13−13,200→ 0 total
Exercise: $14.48Exp: 2022-02-01→ Common Stock (13,200 underlying)

Holdings

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

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