SEC Form 4 · accession 0001179110-18-011127
HORMEL FOODS CORP /DE/ · HRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glenn R Leitch
Officer — Executive Vice President
Period of report
Sep 4, 2018
Accepted (ET)
Sep 6, 2018 · 11:48 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 | Sep 4, 2018 | M | 16,000 | $6.315 | A | 64,000 | D | |
| Common Stock | Sep 4, 2018 | M | 20,000 | $9.5625 | A | 84,000 | D | |
| Common Stock | Sep 4, 2018 | S | 13,925 | $39.14 | D | 70,075 | 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)F1 | $6.315 | Sep 4, 2018 | M | 16,000 | D | — | Dec 2, 2018 | Common Stock | 16,000 | 0 | D |
| Stock Options (Right to Buy)F2 | $9.5625 | Sep 4, 2018 | M | 20,000 | D | — | Dec 1, 2019 | Common Stock | 20,000 | 0 | D |
Explanation of responses
- F1The option vested in four equal annual installments, with the first group vesting on December 2, 2009.
- F2The option vested in four equal annual installments, with the first group vesting on December 1, 2010.