SEC Form 4 · accession 0001047340-15-000002
DEL MONTE CORP · DMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mohammad Abu-Ghazaleh
Officer — Chairman and CEO · Director · 10% Owner
Period of report
Dec 31, 2014
Accepted (ET)
Jan 5, 2015 · 4:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001047340
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | Dec 31, 2014 | M | 3,100 | $26.52 | A | 5,382,768 | D | |
| Ordinary SharesF1 | Dec 31, 2014 | S | 3,100 | $34.0226 | D | 5,379,668 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy)F2 | $26.52 | Dec 31, 2014 | M | 3,100 | D | — | Feb 20, 2023 | Ordinary Shares | 3,100 | 97,261 | D |
Explanation of responses
- F1This represents the weighted average sales price of the shares. The shares were sold at a price ranging from $33.90 to $34.13. Mr. Abu-Ghazaleh will provide, upon request of the SEC staff, Fresh Del Monte Produce., or a shareholder of Fresh Del Monte Produce Inc., complete information regarding the number of shares sold at each price within the range.
- F2The option is currently exercisable with respect to 3,761 shares and will become exercisable with respect to another 32,200 shares on each of 2/20/2015, 2/20/2016 and 2/20/2017.
Remarks
Option exercises and share sales executed pursuant to a Rule 10b5-1 plan.