Kevin L. Myers - 09 Sep 2022 Form 4 Insider Report for HORMEL FOODS CORP /DE/ (HRL)

Role: SENIOR VICE PRESIDENT
Signature: /s/ Kevin L. Myers, by Power of Attorney
Issuer symbol: HRL
Transactions as of: 09 Sep 2022
Net transactions value: -$121,050
Form type: 4
Filing time: 13 Sep 2022, 09:28:07 UTC
Previous filing: 09 Jun 2022
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	$114,950	+5,000	+15%	$22.99	37,954	09 Sep 2022	Direct
transaction	HRL	Common Stock	Sale	$236,000	-5,000	-13%	$47.20	32,954	09 Sep 2022	Direct
holding	HRL	Common Stock						4,820	09 Sep 2022	401(k) Plan
holding	HRL	Common Stock						2,592	09 Sep 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	-5,000	-32%	$0.000000	10,400	09 Sep 2022	Common Stock	5,000	$22.99	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 3, 2014.