SEC Form 4 · accession 0001179110-15-011128
HORMEL FOODS CORP /DE/ · HRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald H Kremin
Officer — Group Vice President
Period of report
Jul 9, 2015
Accepted (ET)
Jul 13, 2015 · 4:08 pm 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 | Jul 9, 2015 | M | 20,000 | $20.07 | A | 33,759 | D | |
| Common Stock | Jul 9, 2015 | F | 7,053 | $56.91 | D | 26,706 | D | |
| Common Stock | Jul 9, 2015 | F | 4,345 | $56.91 | D | 22,361 | D | |
| Common Stock | holding | — | — | — | 7,373 | I | 401(K) Plan | |
| Common Stock | holding | — | — | — | 2,175 | 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 | $20.07 | Jul 9, 2015 | M | 20,000 | D | — | Dec 4, 2017 | Common Stock | 20,000 | 0 | D |
Explanation of responses
- F1The option vested in four equal annual installments, with the first group vesting on December 4, 2008.