Patrick J Connor Form 3 HORMEL FOODS / Patrick J Connor ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Connor Patrick J

(Last) (First) (Middle)

1 HORMEL PLACE

(Street)

AUSTIN MN 55912-3680

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/28/2019

3. Issuer Name and Ticker or Trading Symbol
HORMEL FOODS CORP /DE/ [ HRL ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Group Vice President

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	8,995.606(1)	D
Common Stock	474.748(2)	I	401(K) Plan
Common Stock	4,912.177(3)	I	JEPST Plan

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (Right to Buy)	(4)	12/03/2023	Common Stock	23,200	22.99	D
Stock Options (Right to Buy)	(5)	12/02/2024	Common Stock	22,800	26.38	D
Stock Options (Right to Buy)	(6)	12/01/2025	Common Stock	15,000	37.755	D
Stock Options (Right to Buy)	(7)	12/06/2026	Common Stock	18,200	33.31	D
Stock Options (Right to Buy)	(8)	12/05/2027	Common Stock	16,600	37.1	D
Stock Options (Right to Buy)	(9)	12/04/2028	Common Stock	12,700	44.91	D

Explanation of Responses:

1. This total includes 105.256 shares previously owned directly, and reflects the effect of other transactions that have occurred since the date of the reporting person's last Form 4.

2. This total excludes 213.43 shares previously owned indirectly through the Hormel Foods Corporation 401K Plan, and reflects the effect of other transactions that have occurred since the date of the reporting person's last Form 4.

3. This total includes 214.402 shares previously owned indirectly through the Hormel Foods Corporation Joint Earning Profit Sharing Trust (JEPST) Plan, and reflects the effect of other transactions that have occurred since the date of the reporting person's last Form 4.

4. The option vested in four equal annual installments, with the first group vesting on December 3, 2014.

5. The option vested in four equal annual installments, with the first group vesting on December 2, 2015.

6. The option vests in four equal annual installments, with the first group vesting on December 1, 2016.

7. The option vests in four equal annual installments, with the first group vesting on December 6, 2017.

8. The option vests in four equal annual installments, with the first group vesting on December 5, 2018.

9. The option vests in four equal annual installments, with the first group vesting on December 4, 2019.

	Patrick J Connor, By Power of Attorney	11/05/2019
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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