SEC Form 4 · accession 0001047340-18-000329

DEL MONTE CORP · DMC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — SVP Corporate Human Resources

Period of report

Dec 7, 2018

Accepted (ET)

Dec 11, 2018 · 4:11 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001047340

Table I — non-derivative securities

No Table I lines on this filing.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Dividend Equivalent Units^F1,F2,F3,F4	$32.19	Dec 7, 2018	A	272	A	—	—	Ordinary Shares	58,435	272	D
Dividend Equivalent Units^F1,F2,F3,F5	$32.19	Dec 7, 2018	A	24	A	—	—	Ordinary Shares	5,125	24	I

F1Dividend Equivalent Units (DEUs) were granted under the Fresh Del Monte Produce Inc. 2014 Omnibus Share Incentive Plan. Each DEU represents a contingent right to receive one ordinary share of FDP. DEUs are subject to vesting and/or performance criteria based on the underlying Restricted Stock Units (RSUs) and/or Performance Stock Units (PSUs). Certain DEUs are subject to meeting minimum performance criteria set by the Compensation Committee of the Board of Directors of FDP.
F2Reflects DEUs received by the Reporting Person as a result of dividend equivalents accrued with respect to outstanding RSUs and/or PSUs granted to the Reporting Person. Dividend equivalents are accrued at the same rate and at the same time as dividends are paid to Ordinary Shareholders. Dividend equivalents on RSUs and/or PSUs are subject to the same restrictions and vesting conditions as the underlying RSUs and/or PSUs.
F3DEUs do not have an expiration date.
F419,724 of these securities are RSUs and/or PSUs, including associated DEUs, which have not yet vested.
F5All these securities are RSUs, including associated DEUs, which have not yet vested.