SEC Form 4 · accession 0001047340-15-000193
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
Jun 23, 2015
Accepted (ET)
Jun 25, 2015 · 4:27 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 | Jun 23, 2015 | M | 10,871 | $26.67 | A | 5,414,728 | D | |
| Ordinary SharesF1 | Jun 23, 2015 | S | 10,871 | $40.1078 | D | 5,403,857 | D | |
| Ordinary Shares | Jun 24, 2015 | M | 4,395 | $26.67 | A | 5,408,252 | D | |
| Ordinary SharesF1 | Jun 24, 2015 | S | 4,395 | $40.1427 | D | 5,403,857 | 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 | $26.67 | Jun 23, 2015 | M | 10,871 | D | — | Mar 2, 2021 | Ordinary Shares | 10,871 | 21,329 | D |
| Employee Stock Options (Right to Buy)F2 | $26.67 | Jun 24, 2015 | M | 4,395 | D | — | Mar 2, 2021 | Ordinary Shares | 4,395 | 16,934 | D |
Explanation of responses
- F1This represents the weighted average sales price of the shares. The shares were sold at a price ranging from $40.10 to $40.26. 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 repect to all underlying shares.
Remarks
Option exercises and share sales executed pursuant to Rule 10b5-1 plan.