Jana L. Haynes - 17 Dec 2021 Form 4 Insider Report for HORMEL FOODS CORP /DE/ (HRL)

Role
Vice President and Controller
Signature
Jana L. Haynes, by Power of Attorney
Issuer symbol
HRL
Transactions as of
17 Dec 2021
Net transactions value
-$186,250
Form type
4
Filing time
20 Dec 2021, 16:18:32 UTC
Previous 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 Options Exercise $144,898 +4,350 +22% $33.31 24,547 17 Dec 2021 Direct
transaction HRL Common Stock Options Exercise $361,725 +9,750 +40% $37.10 34,297 17 Dec 2021 Direct
transaction HRL Common Stock Sale $692,874 -14,100 -41% $49.14 20,197 17 Dec 2021 Direct
holding HRL Common Stock 290 17 Dec 2021 JEPST Plan
holding HRL Common Stock 817 17 Dec 2021 Spouse's JEPST Plan
holding HRL Common Stock 1,157 17 Dec 2021 Spouse's 401(k) Plan
holding HRL Common Stock 2,332 17 Dec 2021 Spouse

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 -4,350 -100% $0.000000* 0 17 Dec 2021 Common Stock 4,350 $33.31 Direct F1
transaction HRL Stock Options (Right to Buy) Options Exercise $0 -9,750 -100% $0.000000* 0 17 Dec 2021 Common Stock 9,750 $37.10 Direct F2
* 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.
F2 The option vested in four equal annual installments, with the first group vesting on December 5, 2018.