Kevin L. Myers - 10 Oct 2024 Form 4 Insider Report for HORMEL FOODS CORP /DE/ (HRL)

Role
SENIOR VICE PRESIDENT
Signature
/s/ Kevin L. Myers, by Power of Attorney
Issuer symbol
HRL
Transactions as of
10 Oct 2024
Net transactions value
-$20,906
Form type
4
Filing time
11 Oct 2024, 17:28:54 UTC
Previous filing
19 Sep 2024
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 $390,424 +14,800 +38% $26.38 53,850 10 Oct 2024 Direct
transaction HRL Common Stock Tax liability $411,330 -13,273 -25% $30.99 40,577 10 Oct 2024 Direct
holding HRL Common Stock 5,177 10 Oct 2024 401(k) Plan
holding HRL Common Stock 2,758 10 Oct 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 -14,800 -100% $0.000000 0 10 Oct 2024 Common Stock 14,800 $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.