Mark J. Ourada - 02 Apr 2024 Form 4 Insider Report for HORMEL FOODS CORP /DE/ (HRL)

Role
GROUP VICE PRESIDENT
Signature
/s/ Mark J. Ourada, by Power of Attorney
Issuer symbol
HRL
Transactions as of
02 Apr 2024
Net transactions value
-$125,856
Form type
4
Filing time
03 Apr 2024, 15:28:40 UTC
Previous filing
14 Dec 2023
Next filing
10 Dec 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 Options Exercise $364,044 +13,800 +49% $26.38 41,850 02 Apr 2024 Direct
transaction HRL Common Stock Sale $489,900 -13,800 -33% $35.50 28,050 02 Apr 2024 Direct
holding HRL Common Stock 7,367 02 Apr 2024 401(k) Plan
holding HRL Common Stock 2,667 02 Apr 2024 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 -13,800 -100% $0.000000* 0 02 Apr 2024 Common Stock 13,800 $26.38 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 2, 2015.