Filing Details
- Accession Number:
- 0001179110-15-015591
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-12-02 16:52:57
- Reporting Period:
- 2015-11-30
- Filing Date:
- 2015-12-02
- Accepted Time:
- 2015-12-02 16:52:57
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
48465 | Hormel Foods Corp | HRL | Meat Packing Plants (2011) | 410319970 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1189985 | G Steven Binder | 1 Hormel Place Austin MN 55912 | Executive Vice President | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2015-11-30 | 30,000 | $20.07 | 35,749 | No | 4 | M | Direct | |
Common Stock | Disposition | 2015-11-30 | 8,026 | $75.01 | 27,723 | No | 4 | F | Direct | |
Common Stock | Disposition | 2015-11-30 | 10,592 | $75.01 | 17,131 | No | 4 | F | Direct | |
Common Stock | Disposition | 2015-11-30 | 11,382 | $0.00 | 5,749 | No | 4 | G | Direct | |
Common Stock | Acquisiton | 2015-11-30 | 11,382 | $0.00 | 73,249 | No | 4 | G | Indirect | Spouse's Revocable Trust |
Common Stock | Disposition | 2015-12-01 | 95,000 | $75.87 | 0 | No | 4 | J | Indirect | GRAT |
Common Stock | Acquisiton | 2015-12-01 | 95,000 | $75.87 | 168,249 | No | 4 | J | Indirect | Spouse's Revocable Trust |
Common Stock | Disposition | 2015-12-02 | 10,000 | $75.50 | 158,249 | No | 4 | S | Indirect | Spouse's Revocable Trust |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | F | Direct | |
No | 4 | G | Direct | |
No | 4 | G | Indirect | Spouse's Revocable Trust |
No | 4 | J | Indirect | GRAT |
No | 4 | J | Indirect | Spouse's Revocable Trust |
No | 4 | S | Indirect | Spouse's Revocable Trust |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Options (Right to Buy) | Disposition | 2015-11-30 | 30,000 | $0.00 | 30,000 | $20.07 |
Common Stock | Stock Options (Right to Buy) | Acquisiton | 2015-12-01 | 51,900 | $0.00 | 51,900 | $75.51 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
30,000 | 2017-12-04 | No | 4 | M | Direct | |
51,900 | 2025-12-01 | No | 4 | A | Direct |
Footnotes
- This transaction represents a substitution of assets in which 95,000 shares of stock were transferred from the Reporting Person's GRAT to his spouse's revocable trust in exchange for other assets.
- Reflects the weighted average price of 10,000 shares of common stock of Hormel Foods Corporation sold by the Reporting Person in multiple transactions on December 2, 2015 with sale prices ranging from $75.40 to $75.67 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.
- The option vested in four equal annual installments, with the first group vesting on December 4, 2008.
- The option vests in four equal annual installments, with the first group vesting on December 1, 2016.