James P. Snee - Mar 4, 2022 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
Mar 4, 2022
Transactions value $
-$546,768
Form type
4
Date filed
3/8/2022, 12:06 PM
Previous filing
Feb 1, 2022
Next filing
Apr 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HRL Common Stock Options Exercise $1.57M +59.6K +23.48% $26.38 313K Mar 4, 2022 Direct
transaction HRL Common Stock Tax liability -$2.12M -41K -13.07% $51.73 272K Mar 4, 2022 Direct
holding HRL Common Stock 38.1K Mar 4, 2022 401(k) Plan
holding HRL Common Stock 15.1K 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 -59.6K -100% $0.00* 0 Mar 4, 2022 Common Stock 59.6K $26.38 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 2, 2015.