SEC Form 4 · accession 0001179110-15-008856
HORMEL FOODS CORP /DE/ · HRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jody H Feragen
Officer — Executive VP & CFO · Director
Period of report
May 29, 2015
Accepted (ET)
Jun 2, 2015 · 11:19 am EDT
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 | Apr 10, 2015 | G | 200 | $0.00 | D | 132,687 | D | |
| Common StockF1 | May 29, 2015 | S | 25,000 | $57.3818 | D | 107,687 | D | |
| Common StockF2 | holding | — | — | — | 16,550 | I | Irrev Trust for Daughter | |
| Common StockF2 | holding | — | — | — | 16,550 | I | Irrev Trust for Daughter | |
| Common Stock | holding | — | — | — | 5,616 | I | JEPST Plan | |
| Common Stock | holding | — | — | — | 12,560 | I | 401(K) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects the weighted average price of 25,000 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on May 29, 2015, with sale prices ranging from $57.33 to $57.51 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.
- F2These shares are held in trust for the benefit of reporting person's child. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.