James P. Snee - 03 Feb 2023 Form 4 Insider Report for HORMEL FOODS CORP /DE/ (HRL)

Reporting relationship: CHAIRMAN, PRESIDENT AND CEO, Director
Issuer ticker: HRL
Reported as of: 03 Feb 2023
Net transaction value: -$1,004,426
SEC form: 4
Accepted by SEC: 05 Feb 2024, 16:43:17 UTC
Prior SEC filing: 03 Feb 2023
Next SEC filing: 17 Apr 2023
Source filing: View source filing
Reporting owner signature: /s/ James P. Snee, by Power of Attorney

Key filing fact

James P. Snee filed Form 4 for HORMEL FOODS CORP /DE/ (HRL) on 05 Feb 2024.

Key facts

This page summarizes James P. Snee's Form 4 filing for HORMEL FOODS CORP /DE/ (HRL).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 05 Feb 2024, 16:43.

Change

Previous filing in this sequence was filed on 03 Feb 2023.
Current net transaction value: -$1,004,426.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HRL transaction

Common Stock

Tax liability

Transaction value: $600,561
Shares: -13,275
Change %: -4.7%
Price: $45.24
Shares after: 266,728
Date: 03 Feb 2023
Ownership: Direct

HRL transaction

Common Stock

Tax liability

Transaction value: $403,865
Shares: -13,087
Change %: -4.9%
Price: $30.86
Shares after: 253,640
Date: 01 Feb 2024
Ownership: Direct

HRL transaction

Common Stock

Award

Transaction value: $0
Shares: +64,809
Change %: +26%
Price: $0.000000
Shares after: 318,449
Date: 01 Feb 2024
Ownership: Direct

HRL holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 40,868
Date: 03 Feb 2023
Ownership: 401(k) Plan

HRL holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 16,006
Date: 03 Feb 2023
Ownership: JEPST Plan

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

HRL transaction Derivative

Stock Options (Right to Buy)

Award

Transaction value: $0
Shares: +359,100
Change %
Price: $0.000000
Shares after: 359,100
Date: 01 Feb 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 359,100
Exercise price: $30.86
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

The option vests in four equal annual installments, with the first group vesting on February 1, 2025.

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