Marconi Luis G 4
4 · HORMEL FOODS CORP /DE/ · Filed Mar 8, 2022
Insider Transaction Report
Form 4
Marconi Luis G
Vice President
Transactions
- Sale
Common Stock
2022-03-04$51.73/sh−3,492.883$180,687→ 2,328.589 total(indirect: By 401(k)) - Exercise/Conversion
Common Stock
2022-03-07$37.76/sh+15,000$566,325→ 46,410.309 total - Sale
Common Stock
2022-03-07$52.02/sh−15,000$780,323→ 31,410.309 total - Exercise/Conversion
Stock Options (Right to Buy)
2022-03-07−15,000→ 0 totalExercise: $37.76Exp: 2025-12-01→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]Reflects the weighted average price of 15,000 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on March 7, 2022 with sale prices ranging from $52.00 to $52.095 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 1, 2016.