James P. Snee - 22 Dec 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
Issuer symbol: HRL
Transactions as of: 22 Dec 2021
Net transactions value: $0
Form type: 4
Filing time: 03 Feb 2022, 15:57:13 UTC
Previous filing: 19 Oct 2021
Next filing: 04 Jan 2022
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	-7,157	-3.2%	$0.000000	216,233	22 Dec 2021	Direct
transaction	HRL	Common Stock	Award	$0	+37,148	+17%	$0.000000	253,381	01 Feb 2022	Direct
holding	HRL	Common Stock						38,067	22 Dec 2021	401(k) Plan
holding	HRL	Common Stock						15,073	22 Dec 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	+209,800		$0.000000	209,800	01 Feb 2022	Common Stock	209,800	$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.