SEC Form 4 · accession 0001047340-15-000269
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
Aug 13, 2015
Accepted (ET)
Aug 14, 2015 · 2:34 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 | Aug 13, 2015 | M | 4,000 | $23.76 | A | 5,185 | D | |
| Ordinary Shares | Aug 13, 2015 | M | 4,796 | $24.29 | A | 9,981 | D | |
| Ordinary SharesF1 | Aug 13, 2015 | S | 8,796 | $37.5384 | 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,F3 | $23.76 | Aug 13, 2015 | M | 4,000 | D | — | Aug 3, 2021 | Ordinary Shares | 4,000 | 0 | D |
| Employee Stock Options (Right to Buy)F2,F4 | $24.29 | Aug 13, 2015 | M | 4,796 | D | — | Aug 1, 2022 | Ordinary Shares | 4,796 | 5,408 | D |
Explanation of responses
- F1This represents the weighted average sales price of the shares. The shares were sold at a price ranging from $37.27 to $37.70. 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.
- F2Option exercises and share sales executed pursuant to a Rule 10b5-1 plan.
- F3The option is currently exercisable with repect to all underlying shares.
- F4The option is currently exercisable with respect to 5,204 shares and will become exercisable with respect to an additional 5,000 shares on 8/1/2016.