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

Role
Senior Vice President
Signature
Mark A. Coffey, By Power of Attorney
Issuer symbol
HRL
Transactions as of
13 Nov 2020
Net transactions value
-$1,244,002
Form type
4
Filing time
01 Jun 2021, 13:12:33 UTC
Next filing
03 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HRL Common Stock Gift $0 -210 -0.46% $0.000000 45,564 13 Nov 2020 Direct
transaction HRL Common Stock Gift $0 -145 -0.32% $0.000000 45,419 13 Nov 2020 Direct
transaction HRL Common Stock Options Exercise $387,250 +25,000 +55% $15.49 70,419 27 May 2021 Direct
transaction HRL Common Stock Sale $1,212,290 -25,000 -36% $48.49 45,419 27 May 2021 Direct F1
transaction HRL Common Stock Options Exercise $193,625 +12,500 +28% $15.49 57,919 28 May 2021 Direct
transaction HRL Common Stock Sale $612,588 -12,500 -22% $49.01 45,419 28 May 2021 Direct F2
holding HRL Common Stock 1,676 13 Nov 2020 401(k) Plan
holding HRL Common Stock 8,995 13 Nov 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 -25,000 -50% $0.000000 25,000 27 May 2021 Common Stock 25,000 $15.49 Direct F3
transaction HRL Stock Options (Right to Buy) Options Exercise $0 -12,500 -50% $0.000000 12,500 28 May 2021 Common Stock 12,500 $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.