Sec Form 4 Filing - DAY THOMAS R @ HORMEL FOODS CORP /DE/ - 2017-12-13

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
DAY THOMAS R
2. Issuer Name and Ticker or Trading Symbol
HORMEL FOODS CORP /DE/ [ HRL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Group Vice President
(Last) (First) (Middle)
1 HORMEL PLACE
3. Date of Earliest Transaction (MM/DD/YY)
12/13/2017
(Street)
AUSTIN, MN55912
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/13/2017 G V 1,815 D $ 0 68,589 I Revocable Living Trust
Common Stock 05/30/2018 M 20,000 A $ 6.315 59,452.8749 D
Common Stock 05/30/2018 M 60,000 A $ 9.5625 119,452.8749 D
Common Stock 05/30/2018 S 43,023 D $ 37.0224 ( 1 ) 76,429.8749 D
Common Stock 1,214 I Spouse's Irrev Trust
Common Stock 19,675.771 I 401(K) Plan
Common Stock 17,843.046 I JEPST Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock $ 6.315 05/30/2018 M 20,000 ( 2 ) 12/02/2018 Common Stock 20,000 $ 0 0 D
Common Stock $ 9.5625 05/30/2018 M 60,000 ( 3 ) 12/01/2019 Common Stock 60,000 $ 0 20,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
DAY THOMAS R
1 HORMEL PLACE
AUSTIN, MN55912
Group Vice President
Signatures
Thomas R. Day, by Power of Attorney 05/31/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Reflects the weighted average price of 43,023 shares of common stock of Hormel Foods Corporation sold by the reporting person in multiple transactions on May 30, 2018 with sale prices ranging from $36.89 to $37.10 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.
( 2 )The option vests in four equal annual installments, with the first group vesting on December 2, 2009.
( 3 )The option vests in four equal annual installments, with the first group vesting on December 1, 2010.

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