Filing Details

Accession Number:
0001179110-20-007172
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-06-10 12:06:33
Reporting Period:
2020-06-08
Accepted Time:
2020-06-10 12:06:33
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
1507863 J Lori Marco 1 Hormel Place
Austin MN 55912-3338
Senior Vp & General Counsel 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 2020-06-08 45,000 $15.49 98,899 No 4 M Direct
Common Stock Acquisiton 2020-06-08 32,400 $22.99 131,299 No 4 M Direct
Common Stock Acquisiton 2020-06-08 31,700 $26.38 162,999 No 4 M Direct
Common Stock Disposition 2020-06-08 77,400 $48.10 85,599 No 4 S Direct
Common Stock Disposition 2020-06-08 31,700 $48.11 53,899 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options (Right to Buy) Disposition 2020-06-08 45,000 $0.00 45,000 $15.49
Common Stock Stock Options (Right to Buy) Disposition 2020-06-08 32,400 $0.00 32,400 $22.99
Common Stock Stock Options (Right to Buy) Disposition 2020-06-08 31,700 $0.00 31,700 $26.38
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2022-12-04 No 4 M Direct
32,400 2023-12-03 No 4 M Direct
31,700 2024-12-02 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 3,032 Indirect 401(K) Plan
Common Stock 1,383 Indirect JEPST Plan
Footnotes
  1. Reflects the weighted average price of 77,400 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on June 8, 2020 with sale prices ranging from $48.01 to $48.16 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.
  2. Reflects the weighted average price of 31,700 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on June 8, 2020 with sale prices ranging from $48.085 to $48.145 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.
  3. The option vested in four equal annual installments, with the first group vesting on December 4, 2013.
  4. The option vested in four equal annual installments, with the first group vesting on December 3, 2014.
  5. The option vested in four equal annual installments, with the first group vesting on December 2, 2015.