Mark A. Coffey - Nov 13, 2020 Form 4 Insider Report for HORMEL FOODS CORP /DE/ (HRL)

Role
Senior Vice President
Signature
Mark A. Coffey, By Power of Attorney
Stock symbol
HRL
Transactions as of
Nov 13, 2020
Transactions value $
-$1,244,003
Form type
4
Date filed
6/1/2021, 01:12 PM
Next filing
Jun 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HRL Common Stock Gift $0 -210 -0.46% $0.00 45.6K Nov 13, 2020 Direct
transaction HRL Common Stock Gift $0 -145 -0.32% $0.00 45.4K Nov 13, 2020 Direct
transaction HRL Common Stock Options Exercise $387K +25K +55.04% $15.49 70.4K May 27, 2021 Direct
transaction HRL Common Stock Sale -$1.21M -25K -35.5% $48.49 45.4K May 27, 2021 Direct F1
transaction HRL Common Stock Options Exercise $194K +12.5K +27.52% $15.49 57.9K May 28, 2021 Direct
transaction HRL Common Stock Sale -$613K -12.5K -21.58% $49.01 45.4K May 28, 2021 Direct F2
holding HRL Common Stock 1.68K Nov 13, 2020 401(k) Plan
holding HRL Common Stock 8.99K Nov 13, 2020 JEPST Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HRL Stock Options (Right to Buy) Options Exercise $0 -25K -50% $0.00 25K May 27, 2021 Common Stock 25K $15.49 Direct F3
transaction HRL Stock Options (Right to Buy) Options Exercise $0 -12.5K -50% $0.00 12.5K May 28, 2021 Common Stock 12.5K $15.49 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the weighted average price of 25,000 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on May 27, 2021 with sale prices ranging from $48.465 to $48.535 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.
F2 Reflects the weighted average price of 12,500 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on May 28, 2021 with sale prices ranging from $49.00 to $49.01 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.
F3 The option vested in four equal annual installments, with the first group vesting on December 4, 2013.