Steven J. Lykken - Dec 10, 2024 Form 4 Insider Report for HORMEL FOODS CORP /DE/ (HRL)

Role
GROUP VICE PRESIDENT
Signature
/s/ Steven J. Lykken, by Power of Attorney
Stock symbol
HRL
Transactions as of
Dec 10, 2024
Transactions value $
$0
Form type
4
Date filed
12/12/2024, 04:35 PM
Previous filing
Dec 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HRL Common Stock Award $0 +6.71K +22.54% $0.00 36.5K Dec 10, 2024 Direct
transaction HRL Common Stock Award $0 +4.47K +12.26% $0.00 40.9K Dec 10, 2024 Direct
holding HRL Common Stock 51.7 Dec 10, 2024 401(k) Plan
holding HRL Common Stock 7.1K Dec 10, 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) Award $0 +32.9K $0.00 32.9K Dec 10, 2024 Common Stock 32.9K $33.55 Direct F1
transaction HRL Stock Options (Right to Buy) Award $0 +22K $0.00 22K Dec 10, 2024 Common Stock 22K $33.55 Direct F2
* 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 December 10, 2025.
F2 The option vests in four equal annual installments, with the first group vesting on December 10, 2025.