SEC Form 4 · accession 0001179110-15-003399
HORMEL FOODS CORP /DE/ · HRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lori J Marco
Officer — VP & General Counsel
Period of report
Feb 24, 2015
Accepted (ET)
Feb 25, 2015 · 12:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000048465
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 24, 2015 | M | 7,500 | $24.96 | A | 18,509 | D | |
| Common Stock | Feb 24, 2015 | M | 30,000 | $29.60 | A | 48,509 | D | |
| Common Stock | Feb 24, 2015 | F | 18,602 | $57.80 | D | 29,907 | D | |
| Common Stock | Feb 24, 2015 | F | 6,650 | $57.80 | D | 23,257 | D | |
| Common Stock | holding | — | — | — | 1,272 | I | 401(K) Plan | |
| Common Stock | holding | — | — | — | 606 | I | JEPST Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F1 | $24.96 | Feb 24, 2015 | M | 7,500 | D | — | Dec 7, 2020 | Common Stock | 7,500 | 0 | D |
| Stock Options (Right to Buy)F2 | $29.60 | Feb 24, 2015 | M | 30,000 | D | — | Dec 6, 2021 | Common Stock | 30,000 | 10,000 | D |
Explanation of responses
- F1The option vested in four equal annual installments, with the first group vesting on December 7 2011.
- F2The option vests in four equal annual installments, with the first group vesting on December 6, 2012.