SEC Form 4 · accession 0001047340-15-000111
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
Mar 20, 2015
Accepted (ET)
Mar 24, 2015 · 5:03 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 20, 2015 | M | 9,413 | $33.97 | A | 5,433,271 | D | |
| Ordinary SharesF1 | Mar 20, 2015 | S | 9,413 | $38.513 | D | 5,423,857 | D | |
| Ordinary Shares | Mar 23, 2015 | M | 32,203 | $33.97 | A | 5,456,060 | D | |
| Ordinary SharesF1 | Mar 23, 2015 | S | 32,203 | $38.5732 | D | 5,423,857 | 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 | $33.97 | Mar 20, 2015 | M | 9,413 | D | — | Feb 27, 2018 | Ordinary Shares | 9,413 | 151,587 | D |
| Employee Stock Options (Right to Buy)F2 | $33.97 | Mar 23, 2015 | M | 32,203 | D | — | Feb 27, 2018 | Ordinary Shares | 32,203 | 119,384 | D |
Explanation of responses
- F1This represents the weighted average sales price of the shares. The shares were sold at a price ranging from $38.50 to $38.78. 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.