0001179110-20-004827.txt : 20200410 0001179110-20-004827.hdr.sgml : 20200410 20200410124535 ACCESSION NUMBER: 0001179110-20-004827 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200408 FILED AS OF DATE: 20200410 DATE AS OF CHANGE: 20200410 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LYKKEN STEVEN J CENTRAL INDEX KEY: 0001723769 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-02402 FILM NUMBER: 20786386 MAIL ADDRESS: STREET 1: 1 HORMEL PLACE CITY: AUSTIN STATE: MN ZIP: 55912 ISSUER: 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: 1025 BUSINESS ADDRESS: STREET 1: 1 HORMEL PL CITY: AUSTIN STATE: MN ZIP: 55912-3680 BUSINESS PHONE: (507) 437-5611 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 4 1 edgar.xml FORM 4 - X0306 4 2020-04-08 0 0000048465 HORMEL FOODS CORP /DE/ HRL 0001723769 LYKKEN STEVEN J 1 HORMEL PLACE AUSTIN MN 55912 0 1 0 0 Senior Vice President Common Stock 2020-04-08 4 M 0 14000 12.48 A 34713.696 D Common Stock 2020-04-08 4 S 0 10557 47.6428 D 24156.696 D Stock Options (Right to Buy) 12.48 2020-04-08 4 M 0 14000 0 D 2020-12-07 Common Stock 14000 0 D Reflects the weighted average price of 10,557 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on April 8, 2020 with sale prices ranging from $47.35 to $47.82 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 7, 2011. Exhibit List Exhibit 24-Power of Attorney Steven J. Lykken, by Power of Attorney 2020-04-10 EX-24.TXT 2 ex24powerofattorney.txt EXHIBIT LIST EXHIBIT 24-POWER OF ATTORNEY POWER OF ATTORNEY I hereby constitute and appoint each of Brian D. Johnson, Megan E. Crouch, Susan C. McRaith, Jana L. Haynes and Gary L. Jamison, my true and lawful attorney-in-fact and agent, each acting alone, with full powers of substitution, to: 1. execute for and on my behalf, in my capacity as an officer and/or director of Hormel Foods Corporation (the "Company"), Forms 3, 4, and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the rules promulgated thereunder; 2. do and perform any and all acts for and on my behalf which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and 3. take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in my best interest of, or legally required by me, it being understood that the documents executed by such attorney-in-fact on my behalf pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion. I hereby grant to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as I might or could do if personally present, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. I hereby acknowledge that the foregoing attorneys-in-fact, in serving in such capacity at my request, are not assuming, nor is the Company assuming, any of my responsibilities to comply with Section 16 of the Exchange Act. This Power of Attorney shall remain in full force and effect until I am no longer required to file Forms 3, 4, and 5 with respect to my holdings of and transactions in securities issued by the Company, unless earlier revoked by me in a signed writing delivered to the foregoing attorneys-in-fact. Notwithstanding the foregoing, if any such attorney-in-fact hereafter ceases to be an employee of the Company, this Power of Attorney shall be automatically revoked solely as to such individual, immediately upon such cessation, without any further action on my part. I hereby revoke all previous Powers of Attorney that have been granted by me in connection with my reporting obligations under Section 16 of the Exchange Act with respect to my holdings of and transactions in securities issued by the Company. IN WITNESS WHEREOF, I have caused this Power of Attorney to be executed as of February 24, 2020. /s/ Steven J. Lykken Name: Steven J. Lykken