Filing Details

Accession Number:
0001179110-19-004382
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-03-29 09:47:35
Reporting Period:
2019-03-27
Accepted Time:
2019-03-29 09:47:35
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
1544353 G Luis Marconi 1 Hormel Place
Austin MN 55912
Group 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 2019-03-27 5,700 $26.38 27,505 No 4 M Direct
Common Stock Disposition 2019-03-27 5,700 $44.06 21,805 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options (Right to Buy) Disposition 2019-03-27 5,700 $0.00 5,700 $26.38
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2024-12-02 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 5,440 Indirect 401(K) Plan
Footnotes
  1. The balance reported on this Form 4 also reflects that the reporting person's Form 4 filed on September 5, 2018, and all subsequent Form 4s, overstated the amount of securities owned by the reporting person by 65 shares due to an error in calculating the amount beneficially owned by the reporting person.
  2. Reflects the weighted average price of 5,700 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on March 27, 2019 with sale prices ranging from $44.06 to $44.07 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 2, 2015.