SEC Form 4 · accession 0001179110-18-011349
HORMEL FOODS CORP /DE/ · HRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glenn S Forbes
Director
Period of report
Sep 11, 2018
Accepted (ET)
Sep 13, 2018 · 9:18 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 11, 2018 | M | 13,200 | $14.485 | A | 63,553 | D | |
| Common StockF1 | Sep 11, 2018 | S | 13,200 | $41.5577 | D | 50,353 | 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) | $14.485 | Sep 11, 2018 | M | 13,200 | D | Aug 1, 2012 | Feb 1, 2022 | Common Stock | 13,200 | 0 | D |
Explanation of responses
- F1Reflects the weighted average price of 13,200 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on September 11, 2018 with sale prices ranging from $41.54 to $41.58 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.