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

Role
Group Vice President
Signature
Mark A. Coffey, By Power of Attorney
Stock symbol
HRL
Transactions as of
Mar 4, 2022
Transactions value $
-$432,250
Form type
4
Date filed
3/8/2022, 12:02 PM
Previous filing
Dec 9, 2021
Next filing
Dec 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HRL Common Stock Options Exercise $194K +12.5K +24.73% $15.49 63K Mar 4, 2022 Direct
transaction HRL Common Stock Sale -$626K -12.5K -19.83% $50.07 50.5K Mar 4, 2022 Direct
holding HRL Common Stock 1.68K Mar 4, 2022 401(k) Plan
holding HRL Common Stock 9.12K Mar 4, 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 -12.5K -100% $0.00* 0 Mar 4, 2022 Common Stock 12.5K $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.