SEC Form 4 · accession 0001179110-16-032268
HORMEL FOODS CORP /DE/ · HRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary Jamison
Officer — Vice President and Treasurer
Period of report
Nov 28, 2016
Accepted (ET)
Dec 1, 2016 · 4:08 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 Stock | Nov 28, 2016 | M | 400 | $9.3525 | A | 2,108 | D | |
| Common Stock | Dec 1, 2016 | M | 6,000 | $9.6775 | A | 8,108 | D | |
| Common Stock | Dec 1, 2016 | F | 1,695 | $34.24 | D | 6,413 | D | |
| Common Stock | Dec 1, 2016 | F | 1,887 | $34.24 | D | 4,526 | D | |
| Common Stock | holding | — | — | — | 14,966 | I | 401(K) Plan | |
| Common Stock | holding | — | — | — | 5,372 | 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 | $9.3525 | Nov 28, 2016 | M | 400 | D | Dec 16, 2010 | Jan 8, 2017 | Common Stock | 400 | 0 | D |
| Stock Options (Right to Buy)F2 | $9.6775 | Dec 1, 2016 | M | 6,000 | D | — | Dec 5, 2016 | Common Stock | 6,000 | 0 | D |
Explanation of responses
- F1These options, received as a result of a universal stock option award, fully vested on December 16, 2010.
- F2The option vested in four equal annual installments, with the first group vesting on December 5, 2007.