LYKKEN STEVEN J 4
4 · HORMEL FOODS CORP /DE/ · Filed Jul 6, 2021
Insider Transaction Report
Form 4
LYKKEN STEVEN J
Senior Vice President
Transactions
- Sale
Common Stock
2021-07-01$47.61/sh−1,220$58,085→ 26,776.005 total - Exercise/Conversion
Stock Options (Right to Buy)
2021-07-01−1,220→ 14,780 totalExercise: $14.80Exp: 2021-12-06→ Common Stock (1,220 underlying) - Sale
Common Stock
2021-07-01$47.61/sh−21,380$1,017,917→ 5,396.005 total - Exercise/Conversion
Common Stock
2021-07-06$14.80/sh+14,780$218,744→ 20,176.005 total - Exercise/Conversion
Common Stock
2021-07-01$14.80/sh+1,220$18,056→ 27,996.005 total - Exercise/Conversion
Stock Options (Right to Buy)
2021-07-06−14,780→ 0 totalExercise: $14.80Exp: 2021-12-06→ Common Stock (14,780 underlying)
Holdings
- 4,904.983(indirect: By 401(k))
Common Stock
- 1,959.442(indirect: JEPST Plan)
Common Stock
Footnotes (3)
- [F1]Reflects the weighted average price of 1,220 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on July 1, 2021 with sale prices ranging from $47.45 to $47.76 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.
- [F2]Reflects the weighted average price of 21,380 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on July 1, 2021 with sale prices ranging from $47.44 to $47.77 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 6, 2012.