SEC Form 4 · accession 0001047340-15-000106
DEL MONTE CORP · DMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce Alan Jordan
Officer — SVP, General Counsel and Secy
Period of report
Mar 13, 2015
Accepted (ET)
Mar 17, 2015 · 5:51 pm EDT
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 | Mar 13, 2015 | M | 20,000 | $21.72 | A | 21,185 | D | |
| Ordinary Shares | Mar 13, 2015 | M | 12,000 | $23.76 | A | 33,185 | D | |
| Ordinary SharesF1 | Mar 13, 2015 | S | 32,000 | $35.8689 | D | 1,185 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | $21.72 | Mar 13, 2015 | M | 20,000 | D | — | Jul 31, 2019 | Ordinary Shares | 20,000 | 30,000 | D |
| Restricted Stock UnitsF3 | $23.76 | Mar 13, 2015 | M | 12,000 | D | — | Aug 3, 2021 | Ordinary Shares | 12,000 | 8,000 | D |
Explanation of responses
- F1This represents the weighted average sales price of the shares. The shares were sold at a price ranging from $35.75 to $36.00. Mr. Jordan 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.
- F3The option is currently exercisable with respect to 16,000 shares and will become exercisable with respect to an additional 4,000 shares on 8/3/2015.
Remarks
Option exercises and share sales executed pursuant to a Rule 10b5-1 plan.