Minerich Phillip L 4
4 · HORMEL FOODS CORP /DE/ · Filed Jan 14, 2013
Insider Transaction Report
Form 4
Minerich Phillip L
Vice President
Transactions
- Sale
COMMON STOCK
2013-01-11$34.34/sh−33,947$1,165,740→ 5,154.536 total - Exercise/Conversion
COMMON STOCK
2013-01-11$19.36/sh+40,000$774,200→ 45,154.536 total - Tax Payment
COMMON STOCK
2013-01-11$34.50/sh−6,053$208,829→ 39,101.536 total - Exercise/Conversion
STOCK OPTIONS (RIGHT TO BUY)
2013-01-11−40,000→ 0 totalExercise: $19.36Exp: 2016-12-05→ COMMON STOCK (40,000 underlying)
Holdings
- 8,771.143(indirect: By 401(k))
COMMON STOCK
- 200(indirect: By 401(k))
COMMON STOCK
- 5,115.258(indirect: JEPST PLAN)
COMMON STOCK
Footnotes (2)
- [F1]The option vested in four equal installments, with the first group vesting on December 5, 2007.
- [F2]Reflects the weighted average price of 33,947 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on January 11, 2013 with sale prices ranging from $34.26 to $34.44 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.