Marco Lori J 4
4 · HORMEL FOODS CORP /DE/ · Filed Jun 10, 2020
Insider Transaction Report
Form 4
Marco Lori J
VP & General Counsel
Transactions
- Exercise/Conversion
Common Stock
2020-06-08$22.99/sh+32,400$744,876→ 131,299.183 total - Exercise/Conversion
Common Stock
2020-06-08$15.49/sh+45,000$697,050→ 98,899.183 total - Sale
Common Stock
2020-06-08$48.10/sh−77,400$3,722,917→ 85,599.183 total - Exercise/Conversion
Common Stock
2020-06-08$26.38/sh+31,700$836,246→ 162,999.183 total - Sale
Common Stock
2020-06-08$48.11/sh−31,700$1,525,093→ 53,899.183 total - Exercise/Conversion
Stock Options (Right to Buy)
2020-06-08−45,000→ 0 totalExercise: $15.49Exp: 2022-12-04→ Common Stock (45,000 underlying) - Exercise/Conversion
Stock Options (Right to Buy)
2020-06-08−32,400→ 32,400 totalExercise: $22.99Exp: 2023-12-03→ Common Stock (32,400 underlying) - Exercise/Conversion
Stock Options (Right to Buy)
2020-06-08−31,700→ 31,700 totalExercise: $26.38Exp: 2024-12-02→ Common Stock (31,700 underlying)
Holdings
- 1,383.028(indirect: JEPST Plan)
Common Stock
- 3,031.585(indirect: By 401(k))
Common Stock
Footnotes (5)
- [F1]Reflects the weighted average price of 77,400 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on June 8, 2020 with sale prices ranging from $48.01 to $48.16 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 31,700 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on June 8, 2020 with sale prices ranging from $48.085 to $48.145 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 4, 2013.
- [F4]The option vested in four equal annual installments, with the first group vesting on December 3, 2014.
- [F5]The option vested in four equal annual installments, with the first group vesting on December 2, 2015.