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

Role
Group Vice President
Signature
Luis G Marconi, by Power of Attorney
Stock symbol
HRL
Transactions as of
May 28, 2021
Transactions value $
-$103,767
Form type
4
Date filed
6/2/2021, 09:10 AM
Next filing
Dec 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HRL Common Stock Gift $0 -190 -0.68% $0.00 27.7K May 28, 2021 Direct
transaction HRL Common Stock Options Exercise $224K +6.73K +24.23% $33.31 34.5K May 28, 2021 Direct
transaction HRL Common Stock Sale -$328K -6.73K -19.51% $48.74 27.7K May 28, 2021 Direct
holding HRL Common Stock 5.67K May 28, 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 -6.73K -100% $0.00* 0 May 28, 2021 Common Stock 6.73K $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.