SEC Form 3 · accession 0001179110-15-014471
HORMEL FOODS CORP /DE/ · HRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey R Baker
Officer — Group Vice President
Period of report
Oct 26, 2015
Accepted (ET)
Nov 4, 2015 · 4:13 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 | holding | — | — | — | 5,892 | I | 401(K) Plan | |
| Common Stock | holding | — | — | — | 4,499 | 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 | $19.125 | holding | — | — | — | — | Dec 1, 2019 | Common Stock | 1,000 | — | D |
| Stock Options (Right to Buy)F2 | $24.96 | holding | — | — | — | — | Dec 7, 2020 | Common Stock | 4,000 | — | D |
| Stock Options (Right to Buy)F3 | $29.60 | holding | — | — | — | — | Dec 6, 2021 | Common Stock | 4,000 | — | D |
| Stock Options (Right to Buy)F4 | $30.98 | holding | — | — | — | — | Dec 4, 2022 | Common Stock | 10,000 | — | D |
| Stock Options (Right to Buy)F5 | $45.98 | holding | — | — | — | — | Dec 3, 2023 | Common Stock | 7,100 | — | D |
| Stock Options (Right to Buy)F6 | $52.76 | holding | — | — | — | — | Dec 2, 2024 | Common Stock | 6,900 | — | D |
Explanation of responses
- F1The option vested in four equal annual installments, with the first group vesting on December 1, 2010.
- F2The option vested in four equal annual installments, with the first group vesting on December 7, 2011.
- F3The option vests in four equal annual installments, with the first group vesting on December 6, 2012.
- F4The option vests in four equal annual installments, with the first group vesting on December 4, 2013.
- F5The option vests in four equal annual installments, with the first group vesting on December 3, 2014.
- F6The option vests in four equal annual installments, with the first group vesting on December 2, 2015.