Filing Details

Accession Number:
0001179110-15-015591
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-12-02 16:52:57
Reporting Period:
2015-11-30
Filing Date:
2015-12-02
Accepted Time:
2015-12-02 16:52:57
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
48465 Hormel Foods Corp HRL Meat Packing Plants (2011) 410319970
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1189985 G Steven Binder 1 Hormel Place
Austin MN 55912
Executive Vice President No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2015-11-30 30,000 $20.07 35,749 No 4 M Direct
Common Stock Disposition 2015-11-30 8,026 $75.01 27,723 No 4 F Direct
Common Stock Disposition 2015-11-30 10,592 $75.01 17,131 No 4 F Direct
Common Stock Disposition 2015-11-30 11,382 $0.00 5,749 No 4 G Direct
Common Stock Acquisiton 2015-11-30 11,382 $0.00 73,249 No 4 G Indirect Spouse's Revocable Trust
Common Stock Disposition 2015-12-01 95,000 $75.87 0 No 4 J Indirect GRAT
Common Stock Acquisiton 2015-12-01 95,000 $75.87 168,249 No 4 J Indirect Spouse's Revocable Trust
Common Stock Disposition 2015-12-02 10,000 $75.50 158,249 No 4 S Indirect Spouse's Revocable Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 F Direct
No 4 G Direct
No 4 G Indirect Spouse's Revocable Trust
No 4 J Indirect GRAT
No 4 J Indirect Spouse's Revocable Trust
No 4 S Indirect Spouse's Revocable Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options (Right to Buy) Disposition 2015-11-30 30,000 $0.00 30,000 $20.07
Common Stock Stock Options (Right to Buy) Acquisiton 2015-12-01 51,900 $0.00 51,900 $75.51
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
30,000 2017-12-04 No 4 M Direct
51,900 2025-12-01 No 4 A Direct
Footnotes
  1. This transaction represents a substitution of assets in which 95,000 shares of stock were transferred from the Reporting Person's GRAT to his spouse's revocable trust in exchange for other assets.
  2. Reflects the weighted average price of 10,000 shares of common stock of Hormel Foods Corporation sold by the Reporting Person in multiple transactions on December 2, 2015 with sale prices ranging from $75.40 to $75.67 per share. The Reporting Person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  3. The option vested in four equal annual installments, with the first group vesting on December 4, 2008.
  4. The option vests in four equal annual installments, with the first group vesting on December 1, 2016.