Form 4 for DMC DEL MONTE CORP
Accepted 2023-06-20 00:00:00 ET · period of report 2023-06-15 · accession 0001047340-23-000173 · 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 | 2023-06-20 | 2023-06-15 | DMC | Pelaez Reyes Jorge | VP, Central America | M - OptEx | $0.00 | +1,444 | 831 | New | $0 |
| DM | 2023-06-20 | 2023-06-15 | DMC | Pelaez Reyes Jorge | VP, Central America | D - Sale to Iss | $0.00 | -72.71 | 718.98 | -9% | $0 |
| DM | 2023-06-20 | 2023-06-15 | DMC | Pelaez Reyes Jorge | VP, Central America | M - OptEx | $0.00 | -1,445 | 685.01 | -68% | $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 | 2023-06-15 | M | A | 875 | $0.00 | 1,706 | D | — | — | |
| 2 | Common | Ordinary Shares | 2023-06-15 | M | A | 569 | $0.00 | 831 | D | — | — | |
| 3 | Derivative | Performance Stock Units | 2023-06-15 | D | D | 71 | $0.00 | 2,590 | D | — · — to — | 71 Ordinary Shares | (F13) Since the performance criteria was met at 97.3%, 71 PSUs previously reported on Form 4 were cancelled. (F9) The PSUs convert to Ordinary Shares on a one-for-one basis. (F14) The PSUs were awarded on 6/15/2022 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 6/15/2023, 3/2/2024 and 3/2/2025. |
| 4 | Derivative | Restricted Stock Units | 2023-06-15 | M | D | 556 | $0.00 | 1,130 | D | — · — to — | 556 Ordinary Shares | (F4) The RSUs convert to Ordinary Shares on a one-for-one basis. (F7) RSUs were awarded on 6/15/2022 and vest in three equal installments over three years. The vestings will occur on 6/15/2023, 3/2/2024 and 3/2/2025. |
| 5 | Derivative | Performance Stock Units | 2023-06-15 | M | D | 854.57 | $0.00 | 1,735.43 | D | — · — to — | 854.57 Ordinary Shares | (F3) 0.5429 DEUs were deducted from the total due to fractional shares being paid in cash. (F9) The PSUs convert to Ordinary Shares on a one-for-one basis. (F14) The PSUs were awarded on 6/15/2022 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 6/15/2023, 3/2/2024 and 3/2/2025. |
| 6 | Derivative | Dividend Equivalent Units | 2023-06-15 | M | D | 33.97 | $0.00 | 685.01 | D | — · — to — | 33.97 Ordinary Shares | (F3) 0.5429 DEUs were deducted from the total due to fractional shares being paid in cash. (F1) Each Dividend Equivalent Unit ("DEU") represents a contingent right to receive one Ordinary Share of the Issuer. 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 | Dividend Equivalent Units | 2023-06-15 | D | D | 1.71 | $0.00 | 718.98 | D | — · — to — | 1.71 Ordinary Shares | (F2) These DEUs were cancelled since the performance criteria on the underlying PSUs was met at 97.3%. (F1) Each Dividend Equivalent Unit ("DEU") represents a contingent right to receive one Ordinary Share of the Issuer. 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. |