SEC Form 4 · accession 0001047340-17-000207
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 4, 2017
Accepted (ET)
Aug 8, 2017 · 3:43 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 4, 2017 | M | 1,010 | $0.00 | A | 2,452 | 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 | $59.83 | Aug 4, 2017 | M | 1,010 | D | — | — | Ordinary Shares | 1,010 | 3,032 | D |
Explanation of responses
- F1Transaction Date reflects the date on which the conversion of the Restricted Stock Units (RSU), which vested on 8/3/2017, occurred.
- F2Represents the number of ordinary shares that were acquired in connection with the settlement of the RSUs listed in Table II.
- 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 vest in five equal annual installments of which three are remaining on each of 8/3/2018, 8/3/2019 and 8/3/2020.
- F4RSUs do not have an expiration date.