(HRL)

Role: Director
Signature: /s/ Christopher J. Policinski, by Power of Attorney
Stock symbol: HRL
Transactions as of: Jun 23, 2022
Transactions value $: -$1,141
Form type: 4
Date filed: 6/27/2022, 09:27 AM
Previous filing: May 23, 2022
Next filing: Jun 30, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HRL	Common Stock	Options Exercise	$96.5K	+6.6K	+8.17%	$14.62	87.4K	Jun 23, 2022	Direct
transaction	HRL	Common Stock	Sale	-$97.6K	-2.11K	-2.42%	$46.27	85.3K	Jun 23, 2022	Direct	F1

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	-6.6K	-100%	$0.00^*	0	Jun 23, 2022	Common Stock	6.6K	$14.62	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects the weighted average price of 2,110 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on June 23, 2022, with sale prices ranging from $46.26 to $46.2801 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

Content

Reflects the weighted average price of 2,110 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on June 23, 2022, with sale prices ranging from $46.26 to $46.2801 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.