Form 4 for DMC DEL MONTE CORP
Accepted 2022-03-03 00:00:00 ET · period of report 2022-03-01 · accession 0001047340-22-000053 · 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 | Gordon Marlene | SVP, GC | M - OptEx | $0.00 | +2,301 | 5,556 | +71% | $0 |
| D | 2022-03-03 | 2022-03-01 | DMC | Gordon Marlene | SVP, GC | S - Sale+OE | $26.21 | -545 | 5,056 | -10% | -$14.3K |
| D | 2022-03-03 | 2022-03-01 | DMC | Gordon Marlene | SVP, GC | D - Sale to Iss | $0.00 | -447 | 4,525 | -9% | $0 |
| DM | 2022-03-03 | 2022-03-01 | DMC | Gordon Marlene | SVP, GC | M - OptEx | $0.00 | -2,301 | 338.48 | -87% | $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 | 601 | $0.00 | 3,901 | D | — | — | |
| 2 | Common | Ordinary Shares | 2022-03-01 | M | A | 45 | $0.00 | 5,601 | D | — | — | |
| 3 | Common | Ordinary Shares | 2022-03-01 | S | D | 545 | $26.21 | 5,056 | D | — | — | |
| 4 | Common | Ordinary Shares | 2022-03-01 | M | A | 1,655 | $0.00 | 5,556 | D | — | — | |
| 5 | Derivative | Performance Stock Units | 2022-03-01 | D | D | 447 | $0.00 | 4,525 | D | — · — to — | 447 Ordinary Shares | (F12) Since the performance criteria was met at 91%, 447 PSUs previously reported on Form 4 were cancelled. (F9) 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 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. |
| 6 | Derivative | Restricted Stock Units | 2022-03-01 | M | D | 1,655 | $0.00 | 3,317 | D | — · — to — | 1,655 Ordinary Shares | (F4) The RSUs convert to Ordinary Shares on a one-for-one basis. (F8) The 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. |
| 7 | Derivative | Restricted Stock Units | 2022-03-01 | M | D | 601 | $0.00 | 1,202 | D | — · — to — | 601 Ordinary Shares | (F4) The RSUs convert to Ordinary Shares on a one-for-one basis. (F7) 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. |
| 8 | Derivative | Dividend Equivalent Units | 2022-03-01 | M | D | 45 | $0.00 | 338.48 | D | — · — to — | 45 Ordinary Shares | (F3) A fractional share of DEUs on the Restricted Stock Units vesting was paid in cash and 7.6656 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. |