SEC Form 4 · accession 0001179110-16-020035
HORMEL FOODS CORP /DE/ · HRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James N Sheehan
Officer — V.P. & Controller
Period of report
Feb 22, 2016
Accepted (ET)
Feb 24, 2016 · 3:08 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 22, 2016 | M | 60,000 | $6.315 | A | 60,000 | D | |
| Common Stock | Feb 22, 2016 | F | 8,863 | $42.75 | D | 51,137 | D | |
| Common Stock | Feb 22, 2016 | F | 24,648 | $42.75 | D | 26,489 | D | |
| Common Stock | Feb 22, 2016 | G | 26,489 | $0.00 | D | 0 | D | |
| Common StockF1 | Feb 22, 2016 | G | 26,489 | $0.00 | A | 83,275 | I | Spouse's Rev Trust |
| Common Stock | Feb 24, 2016 | S | 26,489 | $43.44 | D | 56,786 | I | Spouse's Rev Trust |
| Common StockF1 | holding | — | — | — | 14,862 | I | JEPST Plan | |
| Common StockF1 | holding | — | — | — | 57,186 | I | Rev Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | $6.315 | Feb 22, 2016 | M | 60,000 | D | — | Dec 2, 2018 | Common Stock | 60,000 | 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 2, 2009.