James P. Snee - Dec 22, 2021 Form 4 Insider Report for HORMEL FOODS CORP /DE/ (HRL)

Role
Chairman, President and CEO, Director
Signature
James P Snee, By Power of Attorney
Stock symbol
HRL
Transactions as of
Dec 22, 2021
Transactions value $
$0
Form type
4
Date filed
2/3/2022, 03:57 PM
Previous filing
Oct 19, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HRL Common Stock Gift $0 -7.16K -3.2% $0.00 216K Dec 22, 2021 Direct
transaction HRL Common Stock Award $0 +37.1K +17.18% $0.00 253K Feb 1, 2022 Direct
holding HRL Common Stock 38.1K Dec 22, 2021 401(k) Plan
holding HRL Common Stock 15.1K Dec 22, 2021 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) Award $0 +210K $0.00 210K Feb 1, 2022 Common Stock 210K $47.11 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests in four equal annual installments, with the first group vesting on February 1, 2023.