Date of Report (Date of earliest event reported) January 25, 2022
HORMEL FOODS CORPORATION
(Exact name of registrant as specified in its charter)
Delaware
1-2402
41-0319970
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification Number)
1 Hormel Place
Austin, MN55912
(Address of Principal Executive Office)
(507) 437-5611
Registrant’s telephone number, including area code:
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[☐] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[☐] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[☐] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[☐] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol
Name of each exchange on which registered
Common Stock $0.01465 par value
HRL
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company [☐]
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.[☐]
Section 5 — CORPORATE GOVERNANCE AND MANAGEMENT
Item 5.07 Submission of Matters to a Vote of Security Holders
The Company conducted its annual stockholders’ meeting on January 25, 2022.
At the annual meeting, 493,557,074 shares were represented (91.0 percent of the 542,569,949 shares outstanding and entitled to vote). Four items were considered at the meeting and the results of the voting were as follows:
1.Election of Directors: The nominees in the proxy statement were: Prama Bhatt, Gary C. Bhojwani, Terrell K. Crews, Stephen M. Lacy, Elsa A. Murano, Ph.D., Susan K. Nestegard, William A. Newlands, Christopher J. Policinski, Jose Luis Prado, Sally J. Smith, James P. Snee, and Steven A. White. The results were as follows:
DIRECTOR:
FOR
AGAINST
ABSTAIN
BROKER NON-VOTE
Prama Bhatt
455,811,013
2,960,599
382,323
34,403,139
Gary C. Bhojwani
431,225,293
27,529,446
399,196
34,403,139
Terrell K. Crews
450,914,291
7,800,278
439,366
34,403,139
Stephen M. Lacy
452,727,927
6,003,343
422,665
34,403,139
Elsa A. Murano, Ph.D.
452,786,473
6,008,754
358,708
34,403,139
Susan K. Nestegard
452,643,791
6,151,092
359,052
34,403,139
William A. Newlands
455,906,781
2,849,062
398,092
34,403,139
Christopher J. Policinski
455,167,950
3,511,768
474,217
34,403,139
Jose Luis Prado
455,888,765
2,869,336
395,834
34,403,139
Sally J. Smith
455,616,272
3,124,342
413,321
34,403,139
James P. Snee
447,457,781
7,248,630
4,447,524
34,403,139
Steven A. White
449,247,015
9,530,120
376,800
34,403,139
2. Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending October 30, 2022:
For:
480,044,981
Against:
13,166,961
Abstain:
345,132
3. Advisory vote on the compensation of the Company’s Named Executive Officers, as disclosed in the Company’s 2022 annual meeting proxy statement (as filed with the Securities and Exchange Commission on December 15, 2021):
For:
446,806,572
Against:
11,508,484
Abstain:
838,879
Broker Non-Vote:
34,403,139
2
4. Stockholder proposal requesting a report on external public health costs of antimicrobial resistance:
For:
31,543,629
Against:
425,133,094
Abstain:
2,477,212
Broker Non-Vote:
34,403,139
3
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
