M. Losness Larson - 18 Sep 2023 Form 4 Insider Report for HORMEL FOODS CORP /DE/ (HRL)

Role
SENIOR VICE PRESIDENT
Signature
/s/ Katherine M. Losness-Larson, by Power of Attorney
Issuer symbol
HRL
Transactions as of
18 Sep 2023
Net transactions value
+$59,774
Form type
4
Filing time
20 Sep 2023, 08:58:00 UTC
Previous filing
08 Dec 2022
Next filing
11 Dec 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 Options Exercise $59,774 +2,600 +32% $22.99 10,734 18 Sep 2023 Direct
holding HRL Common Stock 1,270 18 Sep 2023 401(k) Plan
holding HRL Common Stock 713 18 Sep 2023 JEPST Plan
holding HRL Common Stock 1,600 18 Sep 2023 Spouse IRA

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 -2,600 -100% $0.000000* 0 18 Sep 2023 Common Stock 2,600 $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.