SEC Form 4 · accession 0001179110-17-014784
HORMEL FOODS CORP /DE/ · HRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Terrell K Crews
Director
Period of report
Nov 30, 2017
Accepted (ET)
Dec 1, 2017 · 5:16 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 30, 2017 | M | 16,000 | $9.7425 | A | 100,569 | D | |
| Common StockF1 | Nov 30, 2017 | S | 7,987 | $36.4967 | D | 92,582 | D |
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) | $9.7425 | Nov 30, 2017 | M | 16,000 | D | Aug 1, 2008 | Feb 1, 2018 | Common Stock | 16,000 | 0 | D |
Explanation of responses
- F1Reflects the weighted average price of 7,987 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on November 30, 2017 with sale prices ranging from $36.41 to $36.545 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.