SEC Form 4 · accession 0001179110-15-016180
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
Dec 9, 2015
Accepted (ET)
Dec 11, 2015 · 6:13 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 | Dec 9, 2015 | M | 60,000 | $20.07 | A | 165,317 | D | |
| Common Stock | Dec 9, 2015 | F | 15,494 | $77.72 | D | 149,823 | D | |
| Common Stock | Dec 9, 2015 | F | 21,452 | $77.72 | D | 128,371 | D | |
| Common Stock | holding | — | — | — | 16,950 | I | Irrev Trust for Daughter | |
| Common Stock | holding | — | — | — | 5,656 | I | JEPST Plan | |
| Common Stock | holding | — | — | — | 12,643 | I | 401K Plan | |
| Common Stock | holding | — | — | — | 16,950 | I | Irrev Trust for Daughter |
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 | Dec 9, 2015 | M | 60,000 | D | — | Dec 4, 2017 | Common Stock | 60,000 | 0 | D |
Explanation of responses
- F1The option vested in four equal annual installments, with the first group vesting on December 4, 2008.