James P. Snee - 01 Feb 2023 Form 4 Insider Report for HORMEL FOODS CORP /DE/ (HRL)

Role: CHAIRMAN, PRESIDENT AND CEO, Director
Signature: /s/ James P. Snee, by Power of Attorney
Issuer symbol: HRL
Transactions as of: 01 Feb 2023
Net transactions value: $0
Form type: 4
Filing time: 03 Feb 2023, 15:51:32 UTC
Previous filing: 01 Feb 2023
Next filing: 05 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	+44,112	+19%	$0.000000	276,804	01 Feb 2023	Direct
holding	HRL	Common Stock						38,606	01 Feb 2023	401(k) Plan
holding	HRL	Common Stock						15,294	01 Feb 2023	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	+208,100		$0.000000	208,100	01 Feb 2023	Common Stock	208,100	$45.34	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 February 1, 2024.