SEC Form 4 · accession 0001047340-17-000024

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

Feb 21, 2017

Accepted (ET)

Feb 23, 2017 · 5:06 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,F2	Feb 21, 2017	M	10,231	—	A	5,311,549	D
Ordinary Shares^F1,F3	Feb 22, 2017	M	10,000	—	A	5,321,549	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
Restricted Stock Units^F4,F2,F5	$33.44	Feb 21, 2017	M	10,231	D	—	—	Ordinary Shares	10,231	20,462	D
Restricted Stock Unit^F3,F5	$56.52	Feb 22, 2017	A	50,000	A	—	—	Ordinary Shares	50,000	50,000	D
Restricted Stock Unit^F3,F5	$56.52	Feb 22, 2017	M	10,000	D	—	—	Ordinary Shares	10,000	40,000	D

F1Represents the number of ordinary shares that were acquired in connection with the settlement of the Restricted Stock Units (RSUs) listed in Table II.
F2RSUs 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 RSUs will vest in two equal annual installments on each of 2/18/2018, and 2/18/2019.
F3RSUs 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 RSUs will vest in five equal annual installments on each of 2/22/2017, 2/22/2018, 2/22/2019, 2/22/2020, and 2/22/2021.
F4Transaction date reflects the date on which conversion of the RSUs, which vested on 2/18/17, occurred.
F5RSUs and/or associated Dividend Equivalent Units (DEUs) do not have an expiration date.