SEC Form 4 · accession 0001179110-17-012560
HORMEL FOODS CORP /DE/ · HRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven G Binder
Officer — Executive Vice President
Period of report
Sep 20, 2017
Accepted (ET)
Sep 21, 2017 · 3:46 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 | Sep 20, 2017 | M | 15,000 | $10.035 | A | 26,838 | D | |
| Common Stock | Sep 20, 2017 | S | 15,000 | $32.00 | D | 11,838 | D | |
| Common Stock | holding | — | — | — | 336,924 | I | Spouse's Rev Trust |
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 | $10.035 | Sep 20, 2017 | M | 15,000 | D | — | Dec 4, 2017 | Common Stock | 15,000 | 0 | D |
Explanation of responses
- F1The option vested in four equal installments, with the first group vesting on December 4, 2008.