Form 4 for DMC DEL MONTE CORP
Accepted 2022-02-02 00:00:00 ET · period of report 2022-01-31 · accession 0001047340-22-000009 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-02-02 | 2022-01-31 | DMC | Zakharia Youssef | Pres, COO | M - OptEx | $0.00 | +41.6K | 60.4K | +221% | $0 |
| D | 2022-02-02 | 2022-01-31 | DMC | Zakharia Youssef | Pres, COO | S - Sale+OE | $27.61 | -16.5K | 44.0K | -27% | -$454.2K |
| DM | 2022-02-02 | 2022-01-31 | DMC | Zakharia Youssef | Pres, COO | M - OptEx | $0.00 | -41.6K | 0 | -100% | $0 |
| DM | 2022-02-02 | 2022-01-31 | DMC | Zakharia Youssef | Pres, COO | D - Sale to Iss | $0.00 | -35.9K | 10.0K | -78% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Ordinary Shares | 2022-01-31 | M | A | 1,600 | $0.00 | 20,456 | D | — | — | |
| 2 | Common | Ordinary Shares | 2022-01-31 | M | A | 8,000 | $0.00 | 28,456 | D | — | — | |
| 3 | Common | Ordinary Shares | 2022-01-31 | M | A | 11,160 | $0.00 | 39,616 | D | — | — | |
| 4 | Common | Ordinary Shares | 2022-01-31 | M | A | 19,813 | $0.00 | 59,429 | D | — | — | |
| 5 | Common | Ordinary Shares | 2022-01-31 | M | A | 1,005 | $0.00 | 60,434 | D | — | — | |
| 6 | Common | Ordinary Shares | 2022-01-31 | S | D | 16,451 | $27.61 | 43,983 | D | — | — | |
| 7 | Derivative | Dividend Equivalent Units | 2022-01-31 | M | D | 1,008 | $0.00 | 4,735.18 | D | — · — to — | 1,008 Ordinary Shares | (F3) .6753 DEUs were deducted from the total due to fractional shares being paid in cash. (F2) Each Dividend Equivalent Unit ("DEUs") represent a contingent right to receive one ordinary share of FDP. DEUs are subject to the same restrictions and vesting and/or performance criteria based on the underlying Restricted Stock Units ("RSUs") and/or Performance Stock Units ("PSUs") to which they relate. |
| 8 | Derivative | Performance Stock Units | 2022-01-31 | D | D | 10,292 | $0.00 | 5,146 | D | — · — to — | 10,292 Ordinary Shares | (F10) The PSUs convert to Ordinary Shares on a one-for-one basis. (F18) The PSUs were awarded on 3/2/2020 subject to meeting minimum performance criteria, which was met at 83%. Once earned, the PSUs vest in three equal annual installments on each of 3/1/2021, 3/1/2022 and 3/1/2023. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment. The unvested portion of the PSUs were forfeited in connection with Mr. Zakharia's termination of employment from the Company, effective January 31, 2022. |
| 9 | Derivative | Dividend Equivalent Units | 2022-01-31 | D | D | 804.15 | $0.00 | 3,931.03 | D | — · — to — | 804.15 Ordinary Shares | (F4) These unvested DEUs are related to the forfeited PSUs that were also forfeited in connection with Mr. Zakharia's termination of employment from the Company, effective January 31, 2022. See footnotes 17, 18 and 19. (F2) Each Dividend Equivalent Unit ("DEUs") represent a contingent right to receive one ordinary share of FDP. DEUs are subject to the same restrictions and vesting and/or performance criteria based on the underlying Restricted Stock Units ("RSUs") and/or Performance Stock Units ("PSUs") to which they relate. |
| 10 | Derivative | Performance Stock Units | 2022-01-31 | D | D | 19,813 | $0.00 | 0 | D | — · — to — | 19,813 Ordinary Shares | (F10) The PSUs convert to Ordinary Shares on a one-for-one basis. (F19) The PSUs were awarded on 3/1/2021 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 3/1/2022, 3/1/2023 and 3/1/2024. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment. The unvested portion of the PSUs were forfeited in connection with Mr. Zakharia's termination of employment from the Company, effective January 31, 2022. |
| 11 | Derivative | Restricted Stock Units | 2022-01-31 | M | D | 1,600 | $0.00 | 0 | D | — · — to — | 1,600 Ordinary Shares | (F5) The RSUs convert to Ordinary Shares on a one-for-one basis. (F6) RSUs were awarded on 2/21/18 and vest in five equal installments over four years. The vesting of the unvested RSUs was accelerated in connection with Mr. Zakharia's termination of employment from the Company, effective January 31, 2022. |
| 12 | Derivative | Restricted Stock Units | 2022-01-31 | M | D | 8,000 | $0.00 | 0 | D | — · — to — | 8,000 Ordinary Shares | (F5) The RSUs convert to Ordinary Shares on a one-for-one basis. (F7) RSUs were awarded on 2/20/19 and vest in five equal installments over four years. The vesting of the unvested RSUs was accelerated in connection with Mr. Zakharia's termination of employment from the Company, effective January 31, 2022. |
| 13 | Derivative | Restricted Stock Units | 2022-01-31 | M | D | 19,813 | $0.00 | 0 | D | — · — to — | 19,813 Ordinary Shares | (F5) The RSUs convert to Ordinary Shares on a one-for-one basis. (F9) The RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The vesting of the unvested RSUs was accelerated in connection with Mr. Zakharia's termination of employment from the Company, effective January 31, 2022. |
| 14 | Derivative | Performance Stock Units | 2022-01-31 | D | D | 5,000 | $0.00 | 10,000 | D | — · — to — | 5,000 Ordinary Shares | (F10) The PSUs convert to Ordinary Shares on a one-for-one basis. (F17) The PSUs were awarded 2/20/2019 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vest in three equal annual installments on each of 2/20/2020, 2/20/2021 and 2/20/2022. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment. The unvested portion of the PSUs were forfeited in connection with Mr. Zakharia's termination of employment from the Company, effective January 31, 2022. |
| 15 | Derivative | Restricted Stock Units | 2022-01-31 | M | D | 11,160 | $0.00 | 0 | D | — · — to — | 11,160 Ordinary Shares | (F5) The RSUs convert to Ordinary Shares on a one-for-one basis. (F8) RSUs were awarded on 3/2/2020 and vest in five equal installments over four years. The vesting of the unvested RSUs was accelerated in connection with Mr. Zakharia's termination of employment from the Company, effective January 31, 2022. |