STEVEN J. LYKKEN - 06 Dec 2022 Form 4 Insider Report for HORMEL FOODS CORP /DE/ (HRL)

Role: GROUP VICE PRESIDENT
Signature: /s/ Steven J. Lykken, 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, 16:05:47 UTC
Previous filing: 06 Dec 2022
Next filing: 09 Feb 2024
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	+2,776	+13%	$0.000000	24,843	06 Dec 2022	Direct
holding	HRL	Common Stock						5,000	06 Dec 2022	401(k) Plan
holding	HRL	Common Stock						2,015	06 Dec 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)	Award	$0	+12,700		$0.000000	12,700	06 Dec 2022	Common Stock	12,700	$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.