SEC Form 4 · accession 0001047340-15-000219
DEL MONTE CORP · DMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Youssef Zakharia
Officer — V.P. Middle East and N. Africa
Period of report
Jul 29, 2015
Accepted (ET)
Jul 31, 2015 · 4:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001047340
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $40.03 | Jul 29, 2015 | A | 10,000 | A | — | — | Ordinary Shares | 10,000 | 10,000 | D |
Explanation of responses
- F1Restricted Stock Units (RSUs) granted under the Fresh Del Monte Produce Inc. 2014 Omnibus Share Incentive Plan. Each RSU represents a contingent right to receive one ordinary share of FDP. The RSUs are subject to meeting minimum performance criteria set by the Compensation Committee of the Board of Directors of FDP. Provided such criteria are met, the RSU will vest in three equal annual installments on each of 07/29/2015, 07/29/2016, 07/29/2017, 07/29/2018 and 07/29/2019.
- F2RSUs do not have an expiration date.