Luis G. Marconi - 28 May 2021 Form 4 Insider Report for HORMEL FOODS CORP /DE/ (HRL)

Role
Group Vice President
Signature
Luis G Marconi, by Power of Attorney
Issuer symbol
HRL
Transactions as of
28 May 2021
Net transactions value
-$103,767
Form type
4
Filing time
02 Jun 2021, 09:10:22 UTC
Next filing
09 Dec 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 -190 -0.68% $0.000000 27,750 28 May 2021 Direct
transaction HRL Common Stock Options Exercise $224,010 +6,725 +24% $33.31 34,475 28 May 2021 Direct
transaction HRL Common Stock Sale $327,776 -6,725 -20% $48.74 27,750 28 May 2021 Direct
holding HRL Common Stock 5,674 28 May 2021 401(k) 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 -6,725 -100% $0.000000* 0 28 May 2021 Common Stock 6,725 $33.31 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vested in four equal annual installments, with the first group vesting on December 6, 2017.