SEC Form 4 · accession 0001179110-17-005386
HORMEL FOODS CORP /DE/ · HRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald H Kremin
Officer — Group Vice President
Period of report
Mar 30, 2017
Accepted (ET)
Apr 3, 2017 · 4:33 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 Stock | Mar 30, 2017 | M | 80,000 | $14.80 | A | 112,746 | D | |
| Common Stock | Mar 30, 2017 | F | 34,239 | $34.58 | D | 78,507 | D | |
| Common Stock | Mar 30, 2017 | F | 17,909 | $34.58 | D | 60,598 | D | |
| Common Stock | Apr 3, 2017 | S | 27,852 | $34.6636 | D | 32,746 | D | |
| Common Stock | holding | — | — | — | 6,063 | I | 401(K) Plan | |
| Common Stock | holding | — | — | — | 4,467 | 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 | $14.80 | Mar 30, 2017 | M | 80,000 | D | — | Dec 6, 2021 | Common Stock | 80,000 | 0 | D |
Explanation of responses
- F1The option vested in four equal annual installments, with the first group vesting on 12/6/2012.