SEC Form 4 · accession 0001047340-17-000102
DEL MONTE CORP · DMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jose Antonio Yock
Officer — SVP, Central America
Period of report
Mar 31, 2017
Accepted (ET)
Apr 4, 2017 · 5:27 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 | Mar 31, 2017 | M | 41,077 | — | A | 41,077 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitsF2,F3,F4 | $38.99 | Mar 31, 2017 | M | 2,700 | D | — | — | Ordinary Shares | 2,700 | 0 | D |
| Performance Stock UnitsF2,F3,F4 | $33.44 | Mar 31, 2017 | M | 6,502 | D | — | — | Ordinary Shares | 6,502 | 0 | D |
| Performance Stock UnitsF2,F3,F4 | $24.68 | Mar 31, 2017 | M | 10,834 | D | — | — | Ordinary Shares | 10,834 | 0 | D |
| Performance Stock UnitsF2,F3,F4 | $26.52 | Mar 31, 2017 | M | 10,615 | D | — | — | Ordinary Shares | 10,615 | 0 | D |
| Performance Stock UnitsF2,F3,F4 | $25.52 | Mar 31, 2017 | M | 10,426 | D | — | — | Ordinary Shares | 10,426 | 0 | D |
Explanation of responses
- 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. Each PSU represents a contingent right to receive one ordinary share of FDP. The PSUs are subject to meeting minimum performance criteria set by the compensation Committee of the Board of Directors of FDP.
- F3These PSUs and corresponding DEUs are fully vested.
- F4PSUs and associated DEUs do not have an expiration date.