SEC Form 4 · accession 0001047340-15-000089
DEL MONTE CORP · DMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Emanuel Lazopoulos
Officer — SVP, North America Sales
Period of report
Feb 23, 2015
Accepted (ET)
Feb 25, 2015 · 3:23 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 | Feb 23, 2015 | M | 5,000 | $24.29 | A | 6,779 | D | |
| Ordinary SharesF1 | Feb 23, 2015 | S | 5,000 | $34.9154 | D | 1,779 | 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 | $24.29 | Feb 23, 2015 | M | 5,000 | D | — | Aug 1, 2022 | Ordinary Shares | 5,000 | 10,000 | D |
Explanation of responses
- F1This represents the weighted average sales price of the shares. The shares were sold at a price ranging from $34.90 to $34.99. Mr. Lazopoulos 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 5,000 shares and will become exercisable with respect to an additional 5,000 shares on each of 8/1/2015 and 8/1/2016.