SEC Form 4 · accession 0001179110-16-020021
HORMEL FOODS CORP /DE/ · HRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Dean Johnson
Officer — VP & Corporate Secretary
Period of report
Feb 24, 2016
Accepted (ET)
Feb 24, 2016 · 12:11 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 24, 2016 | M | 20,000 | $12.48 | A | 61,396 | D | |
| Common Stock | Feb 24, 2016 | F | 5,728 | $43.57 | D | 55,668 | D | |
| Common Stock | Feb 24, 2016 | F | 4,870 | $43.57 | D | 50,798 | D | |
| Common StockF1 | holding | — | — | — | 6,254 | I | 401(K) Plan | |
| Common StockF1 | holding | — | — | — | 3,959 | 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,F2 | $12.48 | Feb 24, 2016 | M | 20,000 | D | — | Dec 7, 2020 | Common Stock | 20,000 | 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 7, 2011.