SPLINTER JAMES M 4
4 · HORMEL FOODS CORP /DE/ · Filed Mar 23, 2020
Insider Transaction Report
Form 4
SPLINTER JAMES M
Vice President
Transactions
- Exercise/Conversion
Common Stock
2020-03-20$12.48/sh+20,000$249,600→ 141,295.667 total - Sale
Common Stock
2020-03-20$45.18/sh−20,000$903,666→ 121,295.667 total - Exercise/Conversion
Stock Options (Right to Buy)
2020-03-20−20,000→ 60,000 totalExercise: $12.48Exp: 2020-12-07→ Common Stock (20,000 underlying)
Holdings
- 2,612.192(indirect: By 401(k))
Common Stock
- 2,329.322(indirect: JEPST Plan)
Common Stock
Footnotes (2)
- [F1]Reflects the weighted average price of 20,000 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on March 20, 2020 with sale prices ranging from $45.050 to $45.250 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.