SEC Form 4 · accession 0001179110-16-017586
HORMEL FOODS CORP /DE/ · HRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bryan D Farnsworth
Officer — Senior Vice President
Period of report
Jan 7, 2016
Accepted (ET)
Jan 8, 2016 · 6:05 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 | Jan 7, 2016 | M | 5,000 | $19.125 | A | 14,006 | D | |
| Common Stock | Jan 7, 2016 | M | 10,000 | $24.96 | A | 24,006 | D | |
| Common Stock | Jan 7, 2016 | F | 4,311 | $80.08 | D | 19,695 | D | |
| Common Stock | Jan 7, 2016 | F | 3,661 | $80.08 | D | 16,034 | D | |
| Common Stock | Jan 8, 2016 | S | 7,028 | $79.24 | D | 9,006 | D | |
| Common Stock | holding | — | — | — | 6,736 | I | JEPST |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF1 | $19.125 | Jan 7, 2016 | M | 5,000 | D | — | Dec 1, 2019 | Common Stock | 5,000 | 0 | D |
| Common StockF2 | $24.96 | Jan 7, 2016 | M | 10,000 | D | — | Dec 7, 2020 | Common Stock | 10,000 | 0 | 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.