Mark A. Coffey - 04 Mar 2022 Form 4 Insider Report for HORMEL FOODS CORP /DE/ (HRL)

Role
Group Vice President
Signature
Mark A. Coffey, By Power of Attorney
Issuer symbol
HRL
Transactions as of
04 Mar 2022
Net transactions value
-$432,250
Form type
4
Filing time
08 Mar 2022, 12:02:41 UTC
Previous filing
09 Dec 2021
Next filing
06 Dec 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 Options Exercise $193,625 +12,500 +25% $15.49 63,036 04 Mar 2022 Direct
transaction HRL Common Stock Sale $625,875 -12,500 -20% $50.07 50,536 04 Mar 2022 Direct
holding HRL Common Stock 1,685 04 Mar 2022 401(k) Plan
holding HRL Common Stock 9,120 04 Mar 2022 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) Options Exercise $0 -12,500 -100% $0.000000* 0 04 Mar 2022 Common Stock 12,500 $15.49 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 4, 2013.