SEC Form 4 · accession 0001047340-15-000323
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
Oct 29, 2015
Accepted (ET)
Nov 2, 2015 · 4:16 pm EST
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 | Oct 29, 2015 | M | 3,000 | $24.29 | A | 4,876 | D | |
| Ordinary Shares | Oct 29, 2015 | M | 2,000 | $23.76 | A | 6,876 | D | |
| Ordinary Shares | Oct 29, 2015 | M | 2,000 | $28.09 | A | 8,876 | D | |
| Ordinary SharesF1 | Oct 29, 2015 | S | 8,876 | $44.6725 | D | 0 | 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 | $24.29 | Oct 29, 2015 | M | 3,000 | D | — | Aug 1, 2022 | Ordinary Shares | 3,000 | 3,000 | D |
| Employee Stock Options (Right to Buy)F3 | $23.76 | Oct 29, 2015 | M | 2,000 | D | — | Aug 3, 2021 | Ordinary Shares | 2,000 | 0 | D |
| Employee Stock Options (Right to Buy)F4 | $28.09 | Oct 29, 2015 | M | 2,000 | D | — | Jul 31, 2023 | Ordinary Shares | 2,000 | 4,000 | D |
Explanation of responses
- F1This represents the weighted average sales price of the shares. The shares were sold at a price ranging from $44.63 to $44.79. Mr. Zakharia 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 3,000 shares and will become exercisable with respect to an additional 3,000 shares on 8/1/2016.
- F3The option is currently exercisable with respect to all underlying shares.
- F4The option is currently exercisable with respect to 2,000 shares and will become exercisable with respect to an additional 2,000 shares on each of 7/31/2016 and 7/31/2017.