SEC Form 4 · accession 0001179110-18-009637
HORMEL FOODS CORP /DE/ · HRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Nakasone
Director
Period of report
Jul 11, 2018
Accepted (ET)
Jul 12, 2018 · 11:49 am 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 | Jul 11, 2018 | M | 6,000 | $9.78 | A | 116,973 | D | |
| Common StockF1 | Jul 11, 2018 | S | 6,000 | $37.5022 | D | 110,973 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | $9.78 | Jul 11, 2018 | M | 6,000 | D | Aug 1, 2010 | Feb 1, 2020 | Common Stock | 6,000 | 0 | D |
Explanation of responses
- F1Reflects the weighted average price of 6,000 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on July 11, 2018 with sale prices ranging from $37.50 to $37.51 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.