Leitch Glenn R 4
4 · HORMEL FOODS CORP /DE/ · Filed Jun 24, 2020
Insider Transaction Report
Form 4
Leitch Glenn R
Group Vice President
Transactions
- Exercise/Conversion
Stock Options (Right to Buy)
2020-06-22−80,000→ 0 totalExercise: $14.80Exp: 2021-12-06→ Common Stock (80,000 underlying) - Exercise/Conversion
Common Stock
2020-06-22$14.80/sh+80,000$1,184,000→ 156,726.857 total - Sale
Common Stock
2020-06-22$48.46/sh−51,796$2,509,982→ 104,930.857 total
Holdings
- 14,111.654(indirect: JEPST Plan)
Common Stock
Footnotes (2)
- [F1]Reflects the weighted average price of 51,796 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on June 22, 2020 with sale prices ranging from $48.3 to $48.61 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 6, 2012.