SEC Form 4 · accession 0001179110-17-000033
HORMEL FOODS CORP /DE/ · HRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Luis G Marconi
Officer — Group Vice President
Period of report
Jan 3, 2017
Accepted (ET)
Jan 3, 2017 · 12:11 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 | Jan 3, 2017 | M | 10,000 | $15.49 | A | 27,413 | D | |
| Common Stock | Jan 3, 2017 | M | 11,600 | $22.99 | A | 39,013 | D | |
| Common Stock | Jan 3, 2017 | F | 12,111 | $34.81 | D | 26,902 | D | |
| Common Stock | Jan 3, 2017 | F | 3,364 | $34.81 | D | 23,538 | D | |
| Common Stock | holding | — | — | — | 5,216 | I | 401(K) 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 | $15.49 | Jan 3, 2017 | M | 10,000 | D | — | Dec 4, 2022 | Common Stock | 10,000 | 0 | D |
| Stock Options (Right to Buy)F2 | $22.99 | Jan 3, 2017 | M | 11,600 | D | — | Dec 3, 2023 | Common Stock | 11,600 | 11,600 | D |
Explanation of responses
- F1The option vested in four equal annual installments, with the first group vesting on December 4, 2013.
- F2The option vests in four equal annual installments, with the first group vesting on December 3, 2014.