Form 4 for DMC DEL MONTE CORP
Accepted 2022-03-03 00:00:00 ET · period of report 2022-03-01 · accession 0001047340-22-000054 · 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 | ABU-GHAZALEH MOHAMMAD | COB, CEO, Dir, 10% | M - OptEx | $0.00 | +60.6K | 6.81M | +0.9% | $0 |
| DM | 2022-03-03 | 2022-03-01 | DMC | ABU-GHAZALEH MOHAMMAD | COB, CEO, Dir, 10% | M - OptEx | $0.00 | -60.6K | 2,547 | -96% | $0 |
| D | 2022-03-03 | 2022-03-01 | DMC | ABU-GHAZALEH MOHAMMAD | COB, CEO, Dir, 10% | D - Sale to Iss | $0.00 | -5,418 | 54.8K | -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 | 1,262 | $0.00 | 6,807,657 | D | — | — | |
| 2 | Common | Ordinary Shares | 2022-03-01 | M | A | 10,000 | $0.00 | 6,757,029 | D | — | — | |
| 3 | Common | Ordinary Shares | 2022-03-01 | M | A | 11,066 | $0.00 | 6,768,095 | D | — | — | |
| 4 | Common | Ordinary Shares | 2022-03-01 | M | A | 20,052 | $0.00 | 6,788,147 | D | — | — | |
| 5 | Common | Ordinary Shares | 2022-03-01 | M | A | 18,248 | $0.00 | 6,806,395 | D | — | — | |
| 6 | Derivative | Performance Stock Units | 2022-03-01 | M | D | 18,248 | $0.00 | 36,550.50 | D | — · — to — | 18,248 Ordinary Shares | (F8) The PSUs convert to Ordinary Shares on a one-for-one basis. (F11) 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. |
| 7 | Derivative | Performance Stock Units | 2022-03-01 | D | D | 5,418.50 | $0.00 | 54,798.50 | D | — · — to — | 5,418.50 Ordinary Shares | (F10) Since the performance criteria was met at 91%, 5418.5 PSUs previously reported on Form 4 were cancelled. (F8) The PSUs convert to Ordinary Shares on a one-for-one basis. (F11) 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. |
| 8 | Derivative | Performance Stock Units | 2022-03-01 | M | D | 11,066 | $0.00 | 11,068 | D | — · — to — | 11,066 Ordinary Shares | (F8) The PSUs convert to Ordinary Shares on a one-for-one basis. (F9) The PSUs were awarded on 3/2/2020 and 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. |
| 9 | Derivative | Restricted Stock Units | 2022-03-01 | M | D | 20,052 | $0.00 | 40,165 | D | — · — to — | 20,052 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 remaining vestings will occur on 3/1/2023 and 3/1/2024. |
| 10 | Derivative | Restricted Stock Units | 2022-03-01 | M | D | 10,000 | $0.00 | 20,000 | D | — · — to — | 10,000 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. |
| 11 | Derivative | Dividend Equivalent Units | 2022-03-01 | M | D | 1,262 | $0.00 | 2,546.76 | D | — · — to — | 1,262 Ordinary Shares | (F2) A fractional share of DEUs on the RSUs and PSUs vesting was paid in cash and 92.9287 DEUs were cancelled since performance criteria on underlying PSUs were met at 91%. (F1) 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. |