SPLINTER JAMES M 4
4 · HORMEL FOODS CORP /DE/ · Filed Apr 11, 2018
Insider Transaction Report
Form 4
SPLINTER JAMES M
Vice President
Transactions
- Exercise/Conversion
Stock Options (Right to Buy)
2018-04-10−48,000→ 0 totalExercise: $6.32Exp: 2018-12-02→ Common Stock (48,000 underlying) - Exercise/Conversion
Common Stock
2018-04-10$6.32/sh+48,000$303,120→ 159,432.76 total - Sale
Common Stock
2018-04-10$35.39/sh−48,000$1,698,662→ 111,432.76 total
Holdings
- 2,517.033(indirect: By 401(k))
Common Stock
- 2,259.953(indirect: JEPST Plan)
Common Stock
Footnotes (2)
- [F1]Reflects the weighted average price of 48,000 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on April 10, 2018 with sale prices ranging from $35.17 to $35.61 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 2, 2009.