SEC Form 4 · accession 0001179110-16-019869
HORMEL FOODS CORP /DE/ · HRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence C Lyons
Officer — Senior Vice President
Period of report
Feb 19, 2016
Accepted (ET)
Feb 23, 2016 · 4:45 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 StockF1 | Feb 19, 2016 | M | 8,000 | $10.035 | A | 20,272 | D | |
| Common Stock | Feb 19, 2016 | F | 1,871 | $42.89 | D | 18,401 | D | |
| Common Stock | Feb 19, 2016 | F | 2,149 | $42.89 | D | 16,252 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock (Right to Buy)F1,F2 | $10.035 | Feb 19, 2016 | M | 8,000 | D | — | Dec 4, 2017 | Common Stock | 8,000 | 0 | D |
Explanation of responses
- F1Reflects the two-for-one stock split effective January 27, 2016.
- F2The option vested in four equal annual installments, with the first group vesting on December 4, 2008.