Marco Lori J 4
4 · HORMEL FOODS CORP /DE/ · Filed Sep 4, 2020
Insider Transaction Report
Form 4
Marco Lori J
VP & General Counsel
Transactions
- Sale
Common Stock
2020-09-02$51.40/sh−22,386$1,150,640→ 53,915.901 total - Exercise/Conversion
Common Stock
2020-09-03$26.38/sh+31,700$836,246→ 95,629.901 total - Exercise/Conversion
Stock Options (Right to Buy)
2020-09-03−10,014→ 0 totalExercise: $22.99Exp: 2023-12-03→ Common Stock (10,014 underlying) - Exercise/Conversion
Common Stock
2020-09-03$22.99/sh+10,014$230,222→ 63,929.901 total - Exercise/Conversion
Stock Options (Right to Buy)
2020-09-02−22,386→ 10,014 totalExercise: $22.99Exp: 2023-12-03→ Common Stock (22,386 underlying) - Exercise/Conversion
Stock Options (Right to Buy)
2020-09-03−31,700→ 0 totalExercise: $26.38Exp: 2024-12-02→ Common Stock (31,700 underlying) - Exercise/Conversion
Common Stock
2020-09-02$22.99/sh+22,386$514,654→ 76,301.901 total - Sale
Common Stock
2020-09-03$51.41/sh−41,714$2,144,429→ 53,915.901 total
Holdings
- 3,059.245(indirect: By 401(k))
Common Stock
- 1,385.128(indirect: JEPST Plan)
Common Stock
Footnotes (3)
- [F1]Reflects the weighted average price of 41,714 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on September 3, 3020 with sale prices ranging from $51.40 to $51.41 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 3, 2014.
- [F3]The option vested in four equal annual installments, with the first group vesting on December 2, 2015.