SEC Form 4 · accession 0001047340-15-000028
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
Jan 21, 2015
Accepted (ET)
Jan 23, 2015 · 4:55 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 | Jan 21, 2015 | M | 3,300 | $29.84 | A | 5,382,968 | D | |
| Ordinary SharesF1 | Jan 21, 2015 | S | 3,300 | $34.2506 | D | 5,379,668 | D | |
| Ordinary Shares | Jan 22, 2015 | M | 32,896 | $29.84 | A | 5,412,564 | D | |
| Ordinary SharesF1 | Jan 22, 2015 | S | 32,896 | $34.4908 | 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 | $29.84 | Jan 21, 2015 | M | 3,300 | D | — | Apr 27, 2015 | Ordinary Shares | 3,300 | 157,700 | D |
| Employee Stock Options (Right to Buy)F2 | $29.84 | Jan 22, 2015 | M | 32,896 | D | — | Apr 27, 2015 | Ordinary Shares | 32,896 | 124,804 | D |
Explanation of responses
- F1This represents the weighted average sales price of the shares. The shares were sold at a price ranging from $34.25 to $34.77. 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 all underlying shares.
Remarks
Option exercises and share sales executed pursuant to a Rule 10b5-1 plan.