X0101 4 2003-07-08 0 0000048465 HORMEL FOODS CORP /DE/ HRL 0001190004 JORGENSON JAMES A 0 1 0 0 Senior Vice President Common Stock 2003-07-08 4 F 0 8280 24.76 D 11410 D Common Stock 2003-07-08 4 M 0 8280 10.25 A 19690 D Stock Options (Right to Buy) 10.25 2003-07-08 4 M 0 20000 0 D 1994-07-25 2004-01-25 Common Stock 20000 0 D Phantom Stock 0 2003-07-08 4 M 0 11720 0 A 1988-08-08 1988-08-08 Common Stock 11720 11720 D Reporting person also holds 1071 shares indirectly by Founders Fund; and spouse holds 950 shares in her name. Settles in common stock at 1-for-1 upon retirement from the Company. The reporting person elected to defer receipt of 11720 shares of common stock issuable upon exercise of his option, resulting in the accrual to his account of 11720 shares of phantom stock. James A. Jorgenson, by Power of Attorney 2003-07-08