SEC Form 4 · accession 0001047340-16-000459
DEL MONTE CORP · DMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mohammad Abu-Ghazaleh
Officer — Chairman and CEO · Director · 10% Owner
Period of report
May 5, 2016
Accepted (ET)
May 9, 2016 · 3:54 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 | May 5, 2016 | M | 27,298 | $22.46 | A | 5,501,954 | D | |
| Ordinary SharesF1 | May 5, 2016 | S | 54,567 | $47.40 | D | 5,447,387 | D | |
| Ordinary Shares | holding | — | — | — | 20,000 | I | Held by Spouse |
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 | $22.46 | May 5, 2016 | M | 27,298 | D | — | Feb 28, 2022 | Ordinary Shares | 27,298 | 4,902 | D |
Explanation of responses
- F1This represents the weighted average sales price of the shares. Mr. Abu-Ghazeleh will provide, upon request of the SEC staff, Fresh Del Monte Produce Inc., 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 all shares.