-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, J16smXKYZpr2LUnyNvve4tw4UoOugm9udbymdJMqpUpIFDqciwAkn8/18aAKZH+3 CXZI+eaCeIThJRF2tiomKA== 0000048465-97-000008.txt : 19970317 0000048465-97-000008.hdr.sgml : 19970317 ACCESSION NUMBER: 0000048465-97-000008 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970314 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HORMEL FOODS CORP /DE/ CENTRAL INDEX KEY: 0000048465 STANDARD INDUSTRIAL CLASSIFICATION: MEAT PACKING PLANTS [2011] IRS NUMBER: 410319970 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-13644 FILM NUMBER: 97556504 BUSINESS ADDRESS: STREET 1: 1 HORMEL PL CITY: AUSTIN STATE: MN ZIP: 55912-3680 BUSINESS PHONE: 5074375737 MAIL ADDRESS: STREET 1: 1 HORMEL PLACE CITY: AUSTIN STATE: MN ZIP: 55912-3680 FORMER COMPANY: FORMER CONFORMED NAME: HORMEL GEO A & CO DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HORMEL FOODS CORP /DE/ CENTRAL INDEX KEY: 0000048465 STANDARD INDUSTRIAL CLASSIFICATION: MEAT PACKING PLANTS [2011] IRS NUMBER: 410319970 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 1 HORMEL PL CITY: AUSTIN STATE: MN ZIP: 55912-3680 BUSINESS PHONE: 5074375737 MAIL ADDRESS: STREET 1: 1 HORMEL PLACE CITY: AUSTIN STATE: MN ZIP: 55912-3680 FORMER COMPANY: FORMER CONFORMED NAME: HORMEL GEO A & CO DATE OF NAME CHANGE: 19920703 SC 13G 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No. __)* Hormel Foods Corporation (Name of Issuer) Common Stock (Title of Class of Securities) 440452 10 0 CUSIP Number Check the following box if a fee is being paid with this statement [ ]. (A fee is not required only if the filing person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). (continued on following page(s)) SCHEDULE 13G CUSIP NO.440452 10 0 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Hormel Foods Corporation Joint Earnings Profit Sharing Trust 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ] (b)[ ] 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Minnesota 5. SOLE VOTING POWER NUMBER OF N/A SHARES BENEFICIALLY 6. SHARED VOTING POWER OWNED BY N/A EACH REPORTING 7. SOLE DISPOSITIVE POWER PERSON N/A WITH 8. SHARED DISPOSITIVE POWER N/A 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,745,711 (While this number of shares is reported as held by the Plan, beneficial ownership is disclaimed as noted in Item 4.) 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 4.85% 12. TYPE OF REPORTING PERSON* EP Item 1 (a) Name of Issuer: Hormel Foods Corporation Item 1 (b) Address of Issuer's Principal Executive Offices: 1 Hormel Place, Austin, MN 55912 Item 2 (a) Name of Person Filing: Hormel Foods Corporation Joint Earnings Profit Sharing Trust Item 2 (b) Address of Principal Business Office: Hormel Foods Corporation Joint Earnings Profit Sharing Trust Attention: Mr. J. E. Alexander 1 Hormel Place Austin, MN 55912 Item 2 (c) Citizenship: State of Minnesota Item 2 (d) Title of Class of Securities: Common Stock Item 2 (e) CUSIP Number: 440452 10 0 Item 3. Person Filing is: Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund Item 4. Ownership: The Plan holds 3,745,711 shares of the issuer's Common Stock, which represents 4.85% of the issued shares of Common Stock as of December 31, 1996. Plan participants have the sole power to direct the vote of the Common Stock held by the Plan, so the Plan has neither sole power to vote or to direct the vote nor shared power to vote or to direct the vote of any shares of Common Stock. Plan participants have the right to determine whether Plan shares of Common Stock will be tendered in response to a tender offer. Additionally, under the terms of the Plan, in the view of the Administrative Committee the Plan does not have dispositive power for the Common Stock held by the Plan. Item 5. Ownership of Five Percent or Less of a Class: The Plan holds the Common Stock on behalf of the employees of the issuer and its subsidiaries who are participants in the Plan. Participants in the Plan or their beneficiaries have the right to receive dividends from, and proceeds from the sale of, the Common Stock in the amount allocated to their respective accounts at the time and in the manner specified in the agreement creating the Plan. This statement is being filed to report that as of the date hereof such holdings have ceased to be more than five percent of the class of securities. Item 6. Ownership of More than Five Percent on Behalf of Another Person: N/A Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company: N/A Item 8. Identification and Classification of Members of the Group: N/A Item 9. Notice of Dissolution of Group: N/A Item 10. Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purpose or effect. Signature: After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 1, 1997 HORMEL FOODS CORPORATION JOINT EARNINGS PROFIT SHARING TRUST Signature J. E. ALEXANDER, Member of Administrative Committee Name/Title Signature J. A. JORGENSON, Member of Administrative Committee Name/Title Signature M. J. McCOY, Member of Administrative Committee Name/Title 5 -----END PRIVACY-ENHANCED MESSAGE-----