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Form 3 HORMEL FOODS CORP /DE/ For: Oct 31 Filed by: Marconi Luis G

November 8, 2016 3:58 PM EST
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 *
Marconi Luis G

(Last) (First) (Middle)
1 HORMEL PLACE

(Street)
AUSTIN MN 55912

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
10/31/2016
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 17,413
D
 
Common Stock 1,874.488
I
401(K) 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)   (1) 12/04/2022 Common Stock 10,000 15.49 D  
Stock Options (Right to Buy)   (2) 12/03/2023 Common Stock 23,200 22.99 D  
Stock Options (Right to Buy)   (3) 12/02/2024 Common Stock 22,800 26.38 D  
Stock Options (Right to Buy)   (4) 12/01/2025 Common Stock 15,000 37.755 D  
Explanation of Responses:
1. The option vests in four equal annual installments, with the first group vesting on December 4, 2013.
2. The option vests in four equal annual installments, with the first group vesting on December 2, 2014.
3. The option vests in four equal annual installments, with the first group vesting on December 2, 2015.
4. The option vests in four equal annual installments, with the first group vesting on December 1, 2016.
Remarks:
Exhibit List Exhibit 24-Power of Attorney
Luis G Marconi, by Power of Attorney 11/08/2016
** 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 4 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.


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