VORPAHL LARRY L 4
4 · HORMEL FOODS CORP /DE/ · Filed Apr 2, 2019
Insider Transaction Report
Form 4
VORPAHL LARRY L
Group Vice President
Transactions
- Exercise/Conversion
Common Stock
2019-03-29$12.48/sh+180,000$2,246,400→ 280,194 total - Exercise/Conversion
Stock Options (Right to Buy)
2019-03-29−180,000→ 0 totalExercise: $12.48Exp: 2020-12-07→ Common Stock (180,000 underlying) - Sale
Common Stock
2019-03-29$44.47/sh−180,000$8,005,176→ 100,194 total
Holdings
- 4,023.467(indirect: JEPST Plan)
Common Stock
Footnotes (2)
- [F1]Reflects the weighted average price of 180,000 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on March 29, 2019 with sale prices ranging from $44.35 to $44.825 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 7, 2011.