SEC Form 4 · accession 0001047340-18-000215
DEL MONTE CORP · DMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reyes Jorge Pelaez
Officer — VP, Central America
Period of report
Aug 2, 2018
Accepted (ET)
Aug 6, 2018 · 4:03 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 | Aug 2, 2018 | M | 506 | $0.00 | A | 1,346 | D | |
| Ordinary SharesF1 | Aug 3, 2018 | M | 409 | $0.00 | A | 1,755 | 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 UnitsF2,F3 | $36.89 | Aug 2, 2018 | M | 506 | D | — | — | Ordinary Shares | 506 | 1,520 | D |
| Restricted Stock UnitsF2,F4,F3 | $37.55 | Aug 3, 2018 | M | 409 | D | — | — | Ordinary Shares | 409 | 819 | D |
Explanation of responses
- 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 five equal annual installments of which three are remaining on each of 8/02/2019, 8/02/2020, and 8/02/2021.
- F3RSUs do not have an expiration date.
- F4RSUs 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 of which two are remaining on each of 8/03/2019, and 8/03/2020.