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Marconi Luis G's Form 4 filing

Hormel Foods CorpHRL · filed Mar 8, 2022

Accession no.
0001179110-22-002042
Filed
Mar 8, 2022
Trade date
Mar 4-7, 2022
Filing delay
4 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $961.0K. It was filed 4 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Marconi Luis GCIK 0001544353Officer (Group Vice President)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Mar 4, 2022Common StockSSaleDisposed−3,492.88$51.73−$180,686.682,328.59Indirect
Mar 7, 2022Common StockMOption exerciseAcquired+15,000$37.76+$566,40046,410.31Direct
Mar 7, 2022Common StockSSaleDisposed−15,000$52.02F1−$780,30031,410.31Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Mar 7, 2022Common StockMOption exerciseDisposed−15,000$0.00$00Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

Reflects the weighted average price of 15,000 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on March 7, 2022 with sale prices ranging from $52.00 to $52.095 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.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)