SEC Form 4 · accession 0001047340-16-000594
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 18, 2016
Accepted (ET)
Aug 22, 2016 · 5:15 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 | Aug 18, 2016 | M | 2,000 | $24.29 | A | 4,426 | D | |
| Ordinary Shares | Aug 18, 2016 | M | 2,000 | $28.01 | A | 6,426 | D | |
| Ordinary SharesF1 | Aug 18, 2016 | S | 6,426 | $59.46 | 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 | Aug 18, 2016 | M | 2,000 | D | — | Aug 1, 2022 | Ordinary Shares | 2,000 | 0 | D |
| Employee Stock Options (Right to Buy)F3 | $28.01 | Aug 18, 2016 | M | 2,000 | D | — | Jul 31, 2023 | Ordinary Shares | 2,000 | 2,000 | D |
Explanation of responses
- F1This represents the weighted average sales price of the shares. The shares were sold at a price ranging from $59.31 to $59.64. Mr. Rivera 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 repect to all underlying shares.
- F3The option is currently exercisable with respect to 2,000 shares and will become exercisable with respect to an additional 2,000 shares on 7/31/2017.