Actually, the earth rotates one degree in 4 minutes. Your equation is upside down.
Oooops. Good job someone has their finger on the pulse.
corrected calculation follows:
the earth rotates (360/(24x60)) = 0.25 degrees a minute or 1 degree every 4 minutes.
However, the latitude you are at and where you point your camera makes a difference. If you know the field of view you lens focal length gives across your film format and direction the stars will move across it, then you can do some rough calculations based on the resolution you require.
Lets assume the stars would move horizontally across your 4x5 film in landscape orientation. A worse case scenario with you standing on equator looking straight up. Your field of view would be appox 40 degrees. So it would take 40*4 = 160 minutes for a star to pass across full width of film.
Now suppose you want 60 lppm resolution on film. 5x25.4= 127mm film width.
160 minutes = 9600 seconds
(9600/127)/120 = 0.63
So I rekon with my rough calculation off the top of my head that you will want a shutter time of no longer than 0.63 of a second to get really good sharp stars with around 60 lpmm on film. Anything longer and they will start to trail. So that would be 1/2 second shutter speed but 1 second would probably be OK for your purposes.
But at your latitude and depending where you are pointing the camera you may get away with longer shutter time.
Someone please check my figures becasue I doubt they are perfect but I think they cover the worse case scenario.
If you want the stars to remain stationary with just the meteor trail then you will need a motorised camera mount set correctly for your latitude and camera direction if you use a longer time than I have suggested