Form 4 for DMC DEL MONTE CORP
Accepted 2022-03-03 00:00:00 ET · period of report 2022-03-01 · accession 0001047340-22-000052 · 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 | Lutty Helmuth | SVP, Network Shipping, Ops | M - OptEx | $0.00 | +1,723 | 6,369 | +37% | $0 |
| D | 2022-03-03 | 2022-03-01 | DMC | Lutty Helmuth | SVP, Network Shipping, Ops | S - Sale+OE | $28.65 | -408 | 7,159 | -5% | -$11.7K |
| DM | 2022-03-03 | 2022-03-01 | DMC | Lutty Helmuth | SVP, Network Shipping, Ops | M - OptEx | $0.00 | -1,723 | 268.09 | -87% | $0 |
| D | 2022-03-03 | 2022-03-01 | DMC | Lutty Helmuth | SVP, Network Shipping, Ops | D - Sale to Iss | $0.00 | -314 | 3,182 | -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 | 34 | $0.00 | 7,567 | D | — | — | |
| 2 | Common | Ordinary Shares | 2022-03-01 | M | A | 1,164 | $0.00 | 7,533 | D | — | — | |
| 3 | Common | Ordinary Shares | 2022-03-01 | M | A | 525 | $0.00 | 6,369 | D | — | — | |
| 4 | Common | Ordinary Shares | 2022-03-01 | S | D | 408 | $28.65 | 7,159 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2022-03-01 | M | D | 1,164 | $0.00 | 2,332 | D | — · — to — | 1,164 Ordinary Shares | (F4) The RSUs convert to Ordinary Shares on a one-for-one basis. (F7) The RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The vestings will occur on each 3/1/2023 and 3/1/2024. |
| 6 | Derivative | Restricted Stock Units | 2022-03-01 | M | D | 525 | $0.00 | 1,050 | D | — · — to — | 525 Ordinary Shares | (F4) The RSUs convert to Ordinary Shares on a one-for-one basis. (F6) 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. |
| 7 | Derivative | Dividend Equivalent Units | 2022-03-01 | M | D | 34 | $0.00 | 268.09 | D | — · — to — | 34 Ordinary Shares | (F3) A fractional share of DEUs on the RSUs vesting was paid in cash and 5.3846 DEUs were cancelled since performance criteria on underlying PSUs were met at 91%. (F2) 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 RSUs and/or Performance Stock Units ("PSUs") to which they relate. |
| 8 | Derivative | Performance Stock Units | 2022-03-01 | D | D | 314 | $0.00 | 3,182 | D | — · — to — | 314 Ordinary Shares | (F11) Since the performance criteria was met at 91%, 314 PSUs previously reported on Form 4 were cancelled. (F8) The PSUs convert to Ordinary Shares on a one-for-one basis. (F12) 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. |