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

Role
Vice President and Controller
Signature
Jana L. Haynes, by Power of Attorney
Stock symbol
HRL
Transactions as of
Dec 17, 2021
Transactions value $
-$186,251
Form type
4
Date filed
12/20/2021, 04:18 PM
Previous filing
Dec 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HRL Common Stock Options Exercise $145K +4.35K +21.54% $33.31 24.5K Dec 17, 2021 Direct
transaction HRL Common Stock Options Exercise $362K +9.75K +39.72% $37.10 34.3K Dec 17, 2021 Direct
transaction HRL Common Stock Sale -$693K -14.1K -41.11% $49.14 20.2K Dec 17, 2021 Direct
holding HRL Common Stock 290 Dec 17, 2021 JEPST Plan
holding HRL Common Stock 817 Dec 17, 2021 Spouse's JEPST Plan
holding HRL Common Stock 1.16K Dec 17, 2021 Spouse's 401(k) Plan
holding HRL Common Stock 2.33K Dec 17, 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 -4.35K -100% $0.00* 0 Dec 17, 2021 Common Stock 4.35K $33.31 Direct F1
transaction HRL Stock Options (Right to Buy) Options Exercise $0 -9.75K -100% $0.00* 0 Dec 17, 2021 Common Stock 9.75K $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.