Leitch Glenn R 4
4 · HORMEL FOODS CORP /DE/ · Filed Dec 5, 2019
Insider Transaction Report
Form 4
Leitch Glenn R
Group Vice President
Transactions
- Exercise/Conversion
Common Stock
2019-12-04$12.48/sh+16,000$199,680→ 92,663 total - Award
Stock Options (Right to Buy)
2019-12-03+39,100→ 39,100 totalExercise: $45.54Exp: 2029-12-03→ Common Stock (39,100 underlying) - Sale
Common Stock
2019-12-04$45.35/sh−16,000$725,552→ 76,663 total - Exercise/Conversion
Stock Options (Right to Buy)
2019-12-04−16,000→ 0 totalExercise: $12.48Exp: 2020-12-07→ Common Stock (16,000 underlying) - Award
Common Stock
2019-12-03+6,588→ 76,663 total
Holdings
- 13,733.724(indirect: JEPST Plan)
Common Stock
Footnotes (3)
- [F1]Reflects the weighted average price of 16,000 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on December 4, 2019, with sale prices ranging from $45.33 to $45.38 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 vests in four equal annual installments, with the first group vesting on the first anniversary of the date of the grant.
- [F3]The option vested in four equal annual installments, with the first group vesting on the first anniversary of the date of the grant.