Statement of Changes in Beneficial Ownership (4)
June 14 2021 - 2:19PM
Edgar (US Regulatory)
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
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
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
*
NESTEGARD SUSAN K |
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)
6/11/2021 |
(Street)
AUSTIN, MN 55912-3680
(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 | 6/11/2021 | | S | | 16470 | D | $48.5147 (1) | 90900.748 | D | |
Common Stock | 6/11/2021 | | M | | 13200 | A | $14.485 | 104100.748 | D | |
Common Stock | 6/11/2021 | | F | | 3920 | D | $48.78 | 100180.748 | D | |
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) | $14.485 | 6/11/2021 | | M | | | 13200 | 8/1/2012 | 2/1/2022 | Common Stock | 13200 | $0 | 0 | D | |
Explanation of Responses: |
(1) | Reflects the weighted average price of 16,470 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on June 11, 2021 with sale prices ranging from $48.435 to $48.58 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 |
NESTEGARD SUSAN K 1 HORMEL PLACE AUSTIN, MN 55912-3680 | X |
|
|
|
Signatures
|
Susan K Nestegard by Power of Attorney | | 6/14/2021 |
**Signature of Reporting Person | Date |
Hormel Foods (NYSE:HRL)
Historical Stock Chart
From Mar 2024 to Apr 2024
Hormel Foods (NYSE:HRL)
Historical Stock Chart
From Apr 2023 to Apr 2024