VORPAHL LARRY L 4

4 · HORMEL FOODS CORP /DE/ · Filed Jan 10, 2020

Form 4

Period: 2020-01-08

Group Vice President

Transactions

Exercise/Conversion
Common Stock
2020-01-08$14.80/sh+87,933$1,301,408→ 191,707 total
Sale
Common Stock
[F1]
2020-01-08$44.70/sh−71,256$3,185,328→ 120,451 total
Exercise/Conversion
Common Stock
2020-01-09$14.80/sh+92,067$1,362,592→ 212,518 total
Sale
Common Stock
[F2]
2020-01-09$44.70/sh−75,519$3,375,571→ 136,999 total
Exercise/Conversion
Stock Options (Right to Buy)
[F3]
2020-01-08−87,933→ 92,067 total
Exercise: $14.80Exp: 2021-12-06→ Common Stock (87,933 underlying)
Exercise/Conversion
Stock Options (Right to Buy)
[F3]
2020-01-09−92,067→ 0 total
Exercise: $14.80Exp: 2021-12-06→ Common Stock (92,067 underlying)

Holdings

Footnotes (3)

[F1]Reflects the weighted average price of 71,256 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on January 8, 2020 with sale prices ranging from $44.60 to $44.745 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]Reflects the weighted average price of 75,519 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on January 9, 2020 with sale prices ranging from $44.652 to $44.75 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.
[F3]The option vested in four equal annual installments, with the first group vesting on December 6, 2012.

Signature

Larry L. Vorpahl, by Power of Attorney|2020-01-10

Documents

1 file