X0306
4
2019-03-27
0
0000048465
HORMEL FOODS CORP /DE/
HRL
0001544353
Marconi Luis G
1 HORMEL PLACE
AUSTIN
MN
55912
0
1
0
0
Group Vice President
Common Stock
2019-03-27
4
M
0
5700
26.38
A
27505.487
D
Common Stock
2019-03-27
4
S
0
5700
44.0616
D
21805.487
D
Common Stock
5440.202
I
401(K) Plan
Stock Options (Right to Buy)
26.38
2019-03-27
4
M
0
5700
0
D
2024-12-02
Common Stock
5700
0
D
The balance reported on this Form 4 also reflects that the reporting person's Form 4 filed on September 5, 2018, and all subsequent Form 4s, overstated the amount of securities owned by the reporting person by 65 shares due to an error in calculating the amount beneficially owned by the reporting person.
Reflects the weighted average price of 5,700 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on March 27, 2019 with sale prices ranging from $44.06 to $44.07 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.
The option vested in four equal annual installments, with the first group vesting on December 2, 2015.
Luis G Marconi, by Power of Attorney
2019-03-29