Date of Report (Date of earliest event reported) January 26, 2021
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 26, 2021.
At the annual meeting, 480,990,722 shares were represented (89.1 percent of the 539,918,117 shares outstanding and entitled to vote). Three 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
443,225,596
501,168
181,061
37,082,897
Gary C. Bhojwani
418,638,456
25,087,841
181,528
37,082,897
Terrell K. Crews
438,583,217
5,161,782
162,826
37,082,897
Stephen M. Lacy
438,591,689
5,130,367
185,769
37,082,897
Elsa A. Murano, Ph.D.
439,681,134
4,085,652
141,039
37,082,897
Susan K. Nestegard
440,589,886
3,173,322
144,617
37,082,897
William A. Newlands
394,803,509
48,916,855
187,461
37,082,897
Christopher J. Policinski
442,031,284
1,705,561
170,980
37,082,897
Jose Luis Prado
443,132,962
634,326
140,537
37,082,897
Sally J. Smith
441,825,471
1,910,159
172,195
37,082,897
James P. Snee
430,756,469
8,548,058
4,603,298
37,082,897
Steven A. White
436,248,435
7,492,809
166,581
37,082,897
2. Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending October 31, 2021:
For:
465,662,953
Against:
15,093,776
Abstain:
233,993
3. Advisory vote on the compensation of the Company’s Named Executive Officers, as disclosed in the Company’s 2021 annual meeting proxy statement (as filed with the Securities and Exchange Commission on December 16, 2020):
For:
432,260,178
Against:
10,862,959
Abstain:
784,688
Broker Non-Vote:
37,082,897
2
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.
