| Accession Number: | 0001179110-20-000492 |
| Date: | 2020-01-08 |
| Issuer: | HORMEL FOODS CORP /DE/ (HRL) |
| Original Submission Date: |
JAMISON GARY
1 HORMEL PLACE
AUSTIN, MN 55912
| Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
|---|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | 2020-01-08 | M | 8,000 | a | $12.48 | 17,821 | direct | ||
| COMMON STOCK | 2020-01-08 | S | 8,000 | d | $44.68 | 9,821 | direct | ||
| COMMON STOCK | 2020-01-08 | 0 | $0.00 | 16,863 | indirect | ||||
| COMMON STOCK | 2020-01-08 | 0 | $0.00 | 5,878 | indirect |
| Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STOCK OPTIONS (RIGHT TO BUY) | 12.48 | 2020-01-08 | deemed execution date | M | 8,000 (d) | 2020-12-07 | common stock 8,000 | $12.48 | 0 | direct |
| ID | footnote |
|---|---|
| f1 | reflects the weighted average price of 8,000 shares of common stock of hormel foods corporation sold by the reporting person in multiple transactions on january 8, 2020 with sale prices ranging from $44.68 to $44.69 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. |
| f2 | the option vested in four equal annual installments, with the first group vesting on december 7, 2011. |
