SEC Form 4 · accession 0001047340-15-000146
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 31, 2015
Accepted (ET)
Apr 2, 2015 · 4:32 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 31, 2015 | M | 4,000 | $23.76 | A | 5,185 | D | |
| Ordinary Shares | Mar 31, 2015 | M | 4,796 | $24.29 | A | 9,981 | D | |
| Ordinary SharesF1 | Mar 31, 2015 | S | 8,796 | $38.827 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy)F2 | $23.76 | Mar 31, 2015 | M | 4,000 | D | — | Aug 3, 2021 | Ordinary Shares | 4,000 | 4,000 | D |
| Employee Stock Options (Right to Buy)F3 | $24.29 | Mar 31, 2015 | M | 4,796 | D | — | Aug 1, 2022 | Ordinary Shares | 4,796 | 10,204 | D |
Explanation of responses
- F1This represents the weighted average sales price of the shares. The shares were sold at a price ranging from $38.59 to $39.14. 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 4,000 shares and will become exercisable with respect to an additional 4,000 shares on 8/3/2015.
- F3The option is currently exercisable with respect to 5,000 shares and will become exercisable with respect to an additional 5,000 shares on each 8/1/2015 and 8/1/2016.
Remarks
Option exercises and share sales executed pursuant to a Rule 10b5-1 plan.