SEC Form 4 · accession 0001179110-16-032619
HORMEL FOODS CORP /DE/ · HRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lori J Marco
Officer — Senior VP & General Counsel
Period of report
Dec 6, 2016
Accepted (ET)
Dec 8, 2016 · 5:42 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 11, 2016 | G | 130 | $0.00 | D | 47,659 | D | |
| Common StockF1 | holding | — | — | — | 2,818 | I | 401(K) Plan | |
| Common StockF1 | holding | — | — | — | 1,298 | 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)F2 | $33.31 | Dec 6, 2016 | A | 51,300 | A | — | Dec 6, 2026 | Common Stock | 51,300 | 51,300 | D |
Explanation of responses
- F1Reflects the two-for-one stock split effective January 27, 2016.
- F2The option vests in four equal annual installments, with the first group vesting on December 6, 2017.