SEC Form 4 · accession 0001179110-18-007733

· HRL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Group Vice President

Period of report

Dec 13, 2017

Accepted (ET)

May 31, 2018 · 5:15 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	Dec 13, 2017	G	1,815	$0.00	D	68,589	I	Revocable Living Trust
Common Stock	May 30, 2018	M	20,000	$6.315	A	59,453	D
Common Stock	May 30, 2018	M	60,000	$9.5625	A	119,453	D
Common Stock^F1	May 30, 2018	S	43,023	$37.0224	D	76,430	D
Common Stock	holding	—	—		—	1,214	I	Spouse's Irrev Trust
Common Stock	holding	—	—		—	19,676	I	401(K) Plan
Common Stock	holding	—	—		—	17,843	I	JEPST Plan

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Common Stock^F2	$6.315	May 30, 2018	M	20,000	D	—	Dec 2, 2018	Common Stock	20,000	0	D
Common Stock^F3	$9.5625	May 30, 2018	M	60,000	D	—	Dec 1, 2019	Common Stock	60,000	20,000	D

F1Reflects the weighted average price of 43,023 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on May 30, 2018 with sale prices ranging from $36.89 to $37.10 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.
F2The option vests in four equal annual installments, with the first group vesting on December 2, 2009.
F3The option vests in four equal annual installments, with the first group vesting on December 1, 2010.