SEC Form 4 · accession 0001047340-16-000418

DEL MONTE CORP · DMC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chairman and CEO · Director · 10% Owner

Period of report

Mar 1, 2016

Accepted (ET)

Mar 3, 2016 · 3:30 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^F1	Mar 1, 2016	M	50,673	—	A	5,474,656	D
Ordinary Shares	holding	—	—		—	20,000	I	Held by Spouse

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance Stock Units^F2,F3,F4	$25.52	Mar 1, 2016	M	17,156	D	—	—	Ordinary Shares	17,156	17,157	D
Performance Stock Units^F2,F5,F4	$26.52	Mar 1, 2016	M	17,467	D	—	—	Ordinary Shares	17,467	0	D
Performance Stock Units^F2,F6,F4	$33.44	Mar 1, 2016	M	16,050	D	—	—	Ordinary Shares	16,050	33,756	D

F1Represents the number of ordinary shares that were acquired in connection with the Performance Stock Units (PSUs) and corresponding Dividend Equivalent Units (DEUs) listed in Table II.
F2PSUs are granted under the Fresh Del Monte Produce Inc. 2014 Omnibus Share Incentive Plan and are eligible to earn DEUs. Each PSU and DEU represent a contingent right to receive one ordinary share of FDP. The PSUs and corresponding DEUs are subject to meeting minimum performance criteria set by the Compensation Committee of the Board of Directors of FDP.
F3These remaining PSUs and corresponding DEUs will vest on 2/19/2017.
F4PSUs and associated DEUs do not have an expiration date.
F5These PSUs and corresponding DEUs are fully vested.
F6These remaining PSUs and corresponding DEUs will vest in two equal annual installments on 2/18/2017 and 2/18/2018.