SEC Form 4 · accession 0001179110-16-021906
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
Mar 16, 2016
Accepted (ET)
Mar 18, 2016 · 3:41 pm EDT
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 | Mar 16, 2016 | M | 40,000 | $14.80 | A | 58,012 | D | |
| Common Stock | Mar 16, 2016 | F | 13,430 | $44.08 | D | 44,582 | D | |
| Common Stock | Mar 16, 2016 | F | 12,374 | $44.08 | D | 32,208 | D | |
| Common Stock | Mar 18, 2016 | S | 14,196 | $43.69 | D | 18,012 | D | |
| Common StockF1 | holding | — | — | — | 13,503 | 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 | $14.80 | Mar 16, 2016 | M | 40,000 | D | — | Dec 6, 2021 | Common Stock | 40,000 | 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 6, 2012.