SEC Form 4 · accession 0001179110-16-032222
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 · Director
Period of report
Aug 11, 2016
Accepted (ET)
Nov 30, 2016 · 5:48 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 Stock | Aug 11, 2016 | W | 40 | $0.00 | A | 1,152,207 | D | |
| Common Stock | Nov 28, 2016 | M | 1,000,000 | $9.6775 | A | 2,152,207 | D | |
| Common Stock | Nov 28, 2019 | F | 269,868 | $35.86 | D | 1,882,339 | D | |
| Common Stock | Nov 28, 2016 | F | 351,924 | $35.86 | D | 1,530,415 | D | |
| Common Stock | holding | — | — | — | 21,860 | I | 401(K) Plan | |
| Common Stock | holding | — | — | — | 21,204 | I | JEPST Plan | |
| Common Stock | holding | — | — | — | 2,101 | I | Spouse |
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 | $9.6775 | Dec 28, 2016 | M | 1,000,000 | D | — | Dec 5, 2016 | Common Stock | 1,000,000 | 0 | D |
Explanation of responses
- F1The option vested in four equal annual installments, with the first group vesting on December 5, 2007.