FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

MORRISON JOHN L
2. Issuer Name and Ticker or Trading Symbol

HORMEL FOODS CORP /DE/ [ HRL ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

1 HORMEL PLACE
3. Date of Earliest Transaction (MM/DD/YYYY)

10/13/2017
(Street)

AUSTIN, MN 55912
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   10/13/2017     M    16000   A $9.7425   136034.988   D    
Common Stock   10/13/2017     M    16000   A $7.5975   152034.988   D    
Common Stock   10/13/2017     M    16000   A $9.78   168034.988   D    
Common Stock   10/13/2017     M    13200   A $12.42   181234.988   D    
Common Stock   10/13/2017     M    13200   A $14.485   194434.988   D    
Common Stock   10/13/2017     S    24814   D $31.8145   (6) 169620.988   D    
Common Stock                  56600   I   GRAT  
Common Stock                  60480   I   Spouse's Rev Trust  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to Buy)   $9.7425   10/13/2017     M         16000      (1) 2/1/2018   Common Stock   16000   $0   0   D    
Stock Options (Right to Buy)   $7.5975   10/13/2017     M         16000      (2) 2/2/2019   Common Stock   16000   $0   0   D    
Stock Options (Right to Buy)   $9.78   10/13/2017     M         16000      (3) 2/1/2020   Common Stock   16000   $0   0   D    
Stock Options (Right to Buy)   $12.42   10/13/2017     M         13200      (4) 2/1/2021   Common Stock   13200   $0   0   D    
Stock Options (Right to Buy)   $14.485   10/13/2017     M         13200      (5) 2/1/2022   Common Stock   13200   $0   0   D    

Explanation of Responses:
(1)  The option vested in four equal annual installments, with the first group vesting on February 1, 2009.
(2)  The option vested in four equal annual installments, with the first group vesting on February 2, 2010.
(3)  The option vested in four equal annual installments, with the first group vesting on February 1, 2011.
(4)  The option vested in four equal annual installments, with the first group vesting on February 1, 2012.
(5)  The option vested in four equal annual installments, with the first group vesting on February 1, 2013.
(6)  Reflects the weighted average price of 24,814 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on October 13, 2017, with sale prices ranging from $31.80 to $31.83 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
MORRISON JOHN L
1 HORMEL PLACE
AUSTIN, MN 55912
X



Signatures
John L. Morrison, By Power of Attorney 10/16/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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