SHEEHAN JAMES N 4
4 · HORMEL FOODS CORP /DE/ · Filed Mar 2, 2021
Insider Transaction Report
Form 4
SHEEHAN JAMES N
V.P. & Controller
Transactions
- Gift
Common Stock
2020-12-10−2,318→ 92,102 total(indirect: By Trust) - Gift
Common Stock
2020-12-10−212→ 57,016 total(indirect: By Trust) - Gift
Common Stock
2021-02-25−600→ 91,502 total(indirect: By Trust) - Gift
Common Stock
2021-02-25−600→ 56,416 total(indirect: By Trust) - Exercise/Conversion
Common Stock
2021-02-26$22.99/sh+32,400$744,876→ 48,729.991 total - Sale
Common Stock
2021-02-26$46.94/sh−32,400$1,520,950→ 16,329.991 total - Exercise/Conversion
Stock Options (Right to Buy)
2021-02-26−32,400→ 0 totalExercise: $22.99Exp: 2023-12-03→ Common Stock (32,400 underlying)
Holdings
- 16,362.78(indirect: JEPST Plan)
Common Stock
Footnotes (2)
- [F1]Reflects the weighted average price of 32,400 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on February 26, 2021 with sale prices ranging from $46.54 to $47.21 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.