SEC Form 4 · accession 0001179110-18-013262

· HRL

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

Reporting owner

Officer — Group Vice President

Period of report

Nov 26, 2018

Accepted (ET)

Nov 28, 2018 · 4:41 pm EST

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	Nov 1, 2018	G	65	$0.00	D	21,870	D
Common Stock	Nov 26, 2018	M	11,600	$22.99	A	33,470	D
Common Stock	Nov 26, 2018	M	17,100	$26.38	A	50,570	D
Common Stock^F1	Nov 26, 2018	S	28,700	$45.5361	D	21,870	D
Common Stock	holding	—	—		—	5,407	I	401(K) Plan

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Options (Right to Buy)^F2	$22.99	Nov 26, 2018	M	11,600	D	—	Dec 3, 2023	Common Stock	11,600	0	D
Stock Options (Right to Buy)^F3	$26.38	Nov 26, 2018	M	17,100	D	—	Dec 2, 2024	Common Stock	17,100	5,700	D

F1Reflects the weighted average price of 28,700 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on November 26, 2018 with sale prices ranging from $45.53 to $45.571 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 vested in four equal annual installments, with the first group vesting on December 3, 2014.
F3The option vested in four equal annual installments, with the first group vesting on December 2, 2015.