Pierre M. Lilly - 06 Dec 2022 Form 4 Insider Report for HORMEL FOODS CORP /DE/ (HRL)

Role: SVP & CHIEF COMPLIANCE OFFICER
Signature: /s/ Pierre M. Lilly, by Power of Attorney
Issuer symbol: HRL
Transactions as of: 06 Dec 2022
Net transactions value: $0
Form type: 4
Filing time: 08 Dec 2022, 16:03:38 UTC
Previous filing: 06 Dec 2022
Next filing: 08 Sep 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HRL	Common Stock	Award	$0	+1,815	+38%	$0.000000	6,586	06 Dec 2022	Direct
holding	HRL	Common Stock						3,083	06 Dec 2022	401(k) Plan
holding	HRL	Common Stock						700	06 Dec 2022	Spouse 401(k) 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)	Award	$0	+8,300		$0.000000	8,300	06 Dec 2022	Common Stock	8,300	$46.84	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The option vests in four equal annual installments, with the first group vesting on December 6, 2023.