Mark A. Coffey - Jun 8, 2023 Form 4 Insider Report for HORMEL FOODS CORP /DE/ (HRL)

Role
GROUP VICE PRESIDENT
Signature
/s/ Mark A. Coffey, by Power of Attorney
Stock symbol
HRL
Transactions as of
Jun 8, 2023
Transactions value $
-$549,814
Form type
4
Date filed
6/12/2023, 12:42 PM
Previous filing
Dec 8, 2022
Next filing
Dec 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HRL Common Stock Options Exercise $722K +31.4K +56.95% $22.99 86.5K Jun 8, 2023 Direct
transaction HRL Common Stock Sale -$1.27M -31.4K -36.29% $40.50 55.1K Jun 8, 2023 Direct
holding HRL Common Stock 1.76K Jun 8, 2023 401(k) Plan
holding HRL Common Stock 9.46K Jun 8, 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) Options Exercise $0 -31.4K -100% $0.00* 0 Jun 8, 2023 Common Stock 31.4K $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.