SEC Form 4 · accession 0001179110-18-005583
HORMEL FOODS CORP /DE/ · HRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Nakasone
Director
Period of report
Apr 9, 2018
Accepted (ET)
Apr 11, 2018 · 4:39 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 | Apr 9, 2018 | M | 10,000 | $7.5975 | A | 125,284 | D | |
| Common Stock | Apr 9, 2018 | S | 5,000 | $35.75 | D | 120,284 | D | |
| Common Stock | Apr 9, 2018 | S | 5,000 | $35.50 | D | 115,284 | D | |
| Common Stock | Apr 9, 2018 | S | 4,492 | $35.50 | D | 110,792 | D | |
| Common Stock | holding | — | — | — | 11,265 | I | 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 | $7.5975 | Apr 9, 2018 | M | 10,000 | D | — | Feb 2, 2019 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1The option vested in four equal annual installments, with the first group vesting on February 2, 2010.