Form 4 for DMC DEL MONTE CORP
Accepted 2023-07-10 00:00:00 ET · period of report 2023-07-06 · accession 0001047340-23-000177 · 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 | 2023-07-10 | 2023-07-06 | DMC | ABU-GHAZALEH MOHAMMAD | COB, CEO, Dir, 10% | M - OptEx | $0.00 | +33.2K | 6.90M | +0.5% | $0 |
| DM | 2023-07-10 | 2023-07-06 | DMC | ABU-GHAZALEH MOHAMMAD | COB, CEO, Dir, 10% | D - Sale to Iss | $0.00 | -2,795 | 98.9K | -3% | $0 |
| DM | 2023-07-10 | 2023-07-06 | DMC | ABU-GHAZALEH MOHAMMAD | COB, CEO, Dir, 10% | M - OptEx | $0.00 | -33.2K | 66.3K | -33% | $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 | 2023-07-06 | M | A | 32,646 | $0.00 | 6,935,443 | D | — | — | |
| 2 | Common | Ordinary Shares | 2023-07-06 | M | A | 591 | $0.00 | 6,902,797 | D | — | — | |
| 3 | Derivative | Dividend Equivalent Units | 2023-07-06 | D | D | 49.75 | $0.00 | 5,472.20 | D | — · — to — | 49.75 Ordinary Shares | (F2) These DEUs were cancelled since performance criteria on underlying PSUs were met at 97.3%. (F1) Each Dividend Equivalent Unit ("DEUs") 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. |
| 4 | Derivative | Dividend Equivalent Units | 2023-07-06 | M | D | 591.72 | $0.00 | 4,880.48 | D | — · — to — | 591.72 Ordinary Shares | (F3) .8662 DEUs were deducted from the total due to fractional shares being paid in cash. (F1) Each Dividend Equivalent Unit ("DEUs") 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. |
| 5 | Derivative | Performance Stock Units | 2023-07-06 | D | D | 2,745 | $0.00 | 98,927 | D | — · — to — | 2,745 Ordinary Shares | (F11) Since the performance criteria was met at 97.3%, 2,745 PSUs previously reported on Form 4 were cancelled. (F9) The PSUs convert to Ordinary Shares on a one-for-one basis. (F12) The PSUs were awarded on 7/6/2022 and subject to meeting minimum performance criteria which was met at 97.3%. Once earned, the PSUs vest in three equal installments on each of 7/6/2023, 3/2/2024 and 3/2/2025. |
| 6 | Derivative | Performance Stock Units | 2023-07-06 | M | D | 32,646.14 | $0.00 | 66,280.86 | D | — · — to — | 32,646.14 Ordinary Shares | (F3) .8662 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. (F12) The PSUs were awarded on 7/6/2022 and subject to meeting minimum performance criteria which was met at 97.3%. Once earned, the PSUs vest in three equal installments on each of 7/6/2023, 3/2/2024 and 3/2/2025. |