SEC Form 4 · accession 0001047340-15-000307
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
Sep 8, 2015
Accepted (ET)
Sep 10, 2015 · 5:01 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 | Sep 8, 2015 | M | 15,000 | $21.72 | A | 16,185 | D | |
| Ordinary Shares | Sep 8, 2015 | M | 5,000 | $28.09 | A | 21,185 | D | |
| Ordinary SharesF1 | Sep 8, 2015 | S | 20,000 | $39.9104 | 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 | $21.72 | Sep 8, 2015 | M | 15,000 | D | — | Jul 31, 2019 | Ordinary Shares | 15,000 | 0 | D |
| Employee Stock Options (Right to Buy)F3 | $28.09 | Sep 8, 2015 | M | 5,000 | D | — | Jul 31, 2023 | Ordinary Shares | 5,000 | 10,000 | D |
Explanation of responses
- F1This represents the weighted average sales price of the shares. The shares were sold at a price ranging from $39.72 to $40.12 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 repect to all underlying shares.
- 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 of 7/31/2016 and 7/31/2017.
Remarks
Option exercises and share sales executed pursuant to Rule 10b5-1 plan.