Form 4 for DMC DEL MONTE CORP
Accepted 2023-06-20 00:00:00 ET · period of report 2023-06-15 · accession 0001047340-23-000175 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-06-20 | 2023-06-15 | DMC | Abbas Mohammed | COO | S - Sale+OE | $27.25 | -1,486 | 21.3K | -7% | -$40.5K |
| DM | 2023-06-20 | 2023-06-15 | DMC | Abbas Mohammed | COO | M - OptEx | $0.00 | +6,067 | 19.6K | +45% | $0 |
| DM | 2023-06-20 | 2023-06-15 | DMC | Abbas Mohammed | COO | D - Sale to Iss | $0.00 | -272.41 | 2,201 | -11% | $0 |
| DM | 2023-06-20 | 2023-06-15 | DMC | Abbas Mohammed | COO | M - OptEx | $0.00 | -6,068 | 6,440 | -49% | $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 | S | D | 1,486 | $27.25 | 21,325 | D | — | — | |
| 2 | Common | Ordinary Shares | 2023-06-15 | M | A | 3,247 | $0.00 | 22,811 | D | — | — | |
| 3 | Common | Ordinary Shares | 2023-06-15 | M | A | 2,820 | $0.00 | 19,564 | D | — | — | |
| 4 | Derivative | Performance Stock Units | 2023-06-15 | D | D | 266 | $0.00 | 9,611 | D | — · — to — | 266 Ordinary Shares | (F17) Since the performance criteria was met at 97.3%, 266 PSUs previously reported on Form 4 were cancelled. (F11) The PSUs convert to Ordinary Shares on a one-for-one basis. (F18) 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. |
| 5 | Derivative | Restricted Stock Units | 2023-06-15 | M | D | 2,754 | $0.00 | 5,592 | D | — · — to — | 2,754 Ordinary Shares | (F6) The RSUs convert to Ordinary Shares on a one-for-one basis. (F9) The 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. |
| 6 | Derivative | Dividend Equivalent Units | 2023-06-15 | M | D | 142.69 | $0.00 | 2,058.50 | D | — · — to — | 142.69 Ordinary Shares | (F5) 0.92 DEUs were deducted from the total due to fractional shares being paid in cash. (F3) 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 RSUs and/or PSUs to which they relate. |
| 7 | Derivative | Dividend Equivalent Units | 2023-06-15 | D | D | 6.41 | $0.00 | 2,201.19 | D | — · — to — | 6.41 Ordinary Shares | (F4) These DEUs were cancelled since the performance criteria on the underlying PSUs was met at 97.3%. (F3) 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 RSUs and/or PSUs to which they relate. |
| 8 | Derivative | Performance Stock Units | 2023-06-15 | M | D | 3,171.23 | $0.00 | 6,439.77 | D | — · — to — | 3,171.23 Ordinary Shares | (F5) 0.92 DEUs were deducted from the total due to fractional shares being paid in cash. (F11) The PSUs convert to Ordinary Shares on a one-for-one basis. (F18) 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. |