SEC Form 4 · accession 0001047340-16-000513
DEL MONTE CORP · DMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hector Rivera
Officer — VP, Asia Pacific
Period of report
Aug 1, 2016
Accepted (ET)
Aug 3, 2016 · 4:07 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 SharesF1,F2 | Aug 1, 2016 | M | 606 | $0.00 | A | 606 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F1,F4 | $40.03 | Aug 1, 2016 | M | 606 | A | — | — | Ordinary Shares | 606 | 1,820 | D |
Explanation of responses
- F1Transaction Date reflects the date on which the conversion of the Restricted Stock Units (RSU), which vested on July 29, 2015 occurred.
- F2Represents the number of ordinary shares that were acquired in connection with the settlement of the RSUs listed in Table II.
- F3Restricted Stock Units (RSUs) are granted under the Fresh Del Monte Produce Inc. 2014 Omnibus Share Incentive Plan. Each RSU represents a contingent right to receive one ordinary share of FDP. The remaining RSUs will vest in three equal annual installments on each of 7/29/2017, 7/29/2018 and 7/29/2019.
- F4RSUs do not have an expiration date.