SEC Form 4 · accession 0001179110-16-018286
HORMEL FOODS CORP /DE/ · HRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey M Ettinger
Officer — Chairman of the Board and CEO · Director
Period of report
Feb 1, 2016
Accepted (ET)
Feb 2, 2016 · 3:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000048465
Table I — non-derivative securities
No Table I lines on this filing.
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,F2 | $41.01 | Feb 1, 2016 | A | 359,100 | A | — | Feb 1, 2026 | Common Stock | 359,100 | 359,100 | D |
Explanation of responses
- F1Reflects the two-for-one stock split effective January 27, 2016.
- F2The option vests in four equal annual installments, with the first group vesting on February 1, 2017.