Kremin Donald H 4
4 · HORMEL FOODS CORP /DE/ · Filed Sep 12, 2017
Insider Transaction Report
Form 4
Kremin Donald H
Vice President
Transactions
- Gift
Common Stock
2017-04-13−33,821→ 887.099 total - Gift
Common Stock
2017-04-13+33,821→ 33,821 total(indirect: By Trust) - Sale
Common Stock
2017-09-11$31.66/sh−100,000$3,166,320→ 887.099 total - Exercise/Conversion
Stock Options (Right to Buy)
2017-09-11−100,000→ 0 totalExercise: $15.49Exp: 2022-12-04→ Common Stock (100,000 underlying) - Exercise/Conversion
Common Stock
2017-09-11$15.49/sh+100,000$1,549,000→ 100,887.099 total
Holdings
- 6,106.048(indirect: By 401(k))
Common Stock
- 4,492.707(indirect: JEPST Plan)
Common Stock
Footnotes (3)
- [F1]Includes additional common stock received by the Reporting Person as dividends not previously reported.
- [F2]Reflects the weighted average price of 100,000 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on September 11, 2017 with sale prices ranging from $31.65 to $31.725 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.
- [F3]The option vested in four equal annual installments, with the first group vesting on December 4, 2013.