Form 4 for DMC DEL MONTE CORP
Accepted 2022-03-03 00:00:00 ET · period of report 2022-03-01 · accession 0001047340-22-000050 · 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 | 2022-03-03 | 2022-03-01 | DMC | Abbas Mohammed | COO | M - OptEx | $0.00 | +1,891 | 15.1K | +14% | $0 |
| DM | 2022-03-03 | 2022-03-01 | DMC | Abbas Mohammed | COO | M - OptEx | $0.00 | -1,891 | 849.34 | -69% | $0 |
| D | 2022-03-03 | 2022-03-01 | DMC | Abbas Mohammed | COO | D - Sale to Iss | $0.00 | -374 | 3,791 | -9% | $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 | 2022-03-01 | M | A | 36 | $0.00 | 15,089 | D | — | — | |
| 2 | Common | Ordinary Shares | 2022-03-01 | M | A | 469 | $0.00 | 13,667 | D | — | — | |
| 3 | Common | Ordinary Shares | 2022-03-01 | M | A | 1,386 | $0.00 | 15,053 | D | — | — | |
| 4 | Derivative | Restricted Stock Units | 2022-03-01 | M | D | 1,386 | $0.00 | 2,779 | D | — · — to — | 1,386 Ordinary Shares | (F3) The RSUs convert to Ordinary Shares on a one-for-one basis. (F6) RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The remaining vestings will occur on 3/1/2023 and 3/1/2024. |
| 5 | Derivative | Restricted Stock Units | 2022-03-01 | M | D | 469 | $0.00 | 939 | D | — · — to — | 469 Ordinary Shares | (F3) The RSUs convert to Ordinary Shares on a one-for-one basis. (F5) RSUs were awarded on 3/2/2020 and vest in five equal installments over four years. The remaining vestings will occur on 3/1/2023 and 3/1/2024. |
| 6 | Derivative | Dividend Equivalent Units | 2022-03-01 | M | D | 36 | $0.00 | 849.34 | D | — · — to — | 36 Ordinary Shares | (F2) A fractional share of DEUs on the RSUs vesting was paid in cash and 6.4144 DEUs were cancelled since performance criteria on underlying PSUs were met at 91%. (F1) Each Dividend Equivalent Unit ("DEU") represents 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. |
| 7 | Derivative | Performance Stock Units | 2022-03-01 | D | D | 374 | $0.00 | 3,791 | D | — · — to — | 374 Ordinary Shares | (F12) Since the performance criteria was met at 91%, 374 PSUs previously reported on Form 4 were cancelled. (F7) The PSUs convert to Ordinary Shares on a one-for-one basis. (F13) The PSUs were awarded on 3/1/2021 and subject to meeting minimum performance criteria which was met at 91%. 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. |