SEC Form 4 · accession 0001047340-18-000294
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
Sep 14, 2018
Accepted (ET)
Sep 18, 2018 · 3:04 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 | Sep 14, 2018 | M | 1,199 | $0.00 | A | 1,199 | 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 | $46.35 | Sep 14, 2018 | M | 1,199 | A | — | — | Ordinary Shares | 1,199 | 0 | D |
Explanation of responses
- F1Represents the number of ordinary shares that were acquired in connection with the settlement of the PSUs listed in Table II.
- F2Performance Stock Units (PSUs) 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 remaining PSUs and corresponding DEUs are fully vested.
- F4PSUs do not have an expiration date.