Form 4 for DMC DEL MONTE CORP
Accepted 2024-03-05 00:00:00 ET · period of report 2024-03-01 · accession 0001047340-24-000057 · 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 | 2024-03-05 | 2024-03-01+ | DMC | BETTI TAREK AHMAD | CHRO | M - OptEx | $0.00 | +3,360 | 4,017 | +511% | $0 |
| DM | 2024-03-05 | 2024-03-01+ | DMC | BETTI TAREK AHMAD | CHRO | D - Sale to Iss | $0.00 | -3,125 | 0 | -100% | $0 |
| DM | 2024-03-05 | 2024-03-01+ | DMC | BETTI TAREK AHMAD | CHRO | M - OptEx | $0.00 | -3,362 | 438.98 | -88% | $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 | 2024-03-02 | M | A | 90 | $0.00 | 4,107 | D | — | — | |
| 2 | Common | Ordinary Shares | 2024-03-02 | M | A | 1,011 | $0.00 | 3,060 | D | — | — | |
| 3 | Common | Ordinary Shares | 2024-03-02 | M | A | 538 | $0.00 | 2,049 | D | — | — | |
| 4 | Common | Ordinary Shares | 2024-03-01 | M | A | 50 | $0.00 | 1,511 | D | — | — | |
| 5 | Common | Ordinary Shares | 2024-03-01 | M | A | 714 | $0.00 | 1,461 | D | — | — | |
| 6 | Common | Ordinary Shares | 2024-03-02 | M | A | 957 | $0.00 | 4,017 | D | — | — | |
| 7 | Derivative | Dividend Equivalent Units | 2024-03-01 | D | D | 88.20 | $0.00 | 350.78 | D | — · — to — | 88.20 Ordinary Shares | (F3) 88.204 DEUs were forfeited because the minimum performance criteria for the vesting of the underlying PSUs were not met. (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. |
| 8 | Derivative | Dividend Equivalent Units | 2024-03-02 | M | D | 90.47 | $0.00 | 260.31 | D | — · — to — | 90.47 Ordinary Shares | (F4) A fractional share of DEUs on the RSUs and PSUs vesting was 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. |
| 9 | Derivative | Performance Stock Units | 2024-03-02 | M | D | 957.60 | $0.00 | 986.80 | D | — · — to — | 957.60 Ordinary Shares | (F9) The PSUs convert to Ordinary Shares on a one-for-one basis. (F11) 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. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment. |
| 10 | Derivative | Performance Stock Units | 2024-03-02 | D | D | 3,037 | $0.00 | 0 | D | — · — to — | 3,037 Ordinary Shares | (F12) The PSUs previously reported as acquired by the reporting person were forfeited because the minimum performance criteria required for vesting were not met. (F9) The PSUs convert to Ordinary Shares on a one-for-one basis. (F13) The PSUs were awarded on 3/2/2023 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 3/2/2024, 3/2/2025 and 3/2/2026. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment. |
| 11 | Derivative | Restricted Stock Units | 2024-03-02 | M | D | 1,011 | $0.00 | 2,026 | D | — · — to — | 1,011 Ordinary Shares | (F5) The RSUs convert to Ordinary Shares on a one-for-one basis. (F8) The RSUs were awarded on 3/2/2023 and vest in three equal installments over three years. The remaining vestings will occur on 3/2/2025 and 3/2/2026. |
| 12 | Derivative | Restricted Stock Units | 2024-03-02 | M | D | 538 | $0.00 | 555 | D | — · — to — | 538 Ordinary Shares | (F5) 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 annual installments over three years. The remaining vesting will occur on 3/2/2025. |
| 13 | Derivative | Restricted Stock Units | 2024-03-01 | M | D | 714 | $0.00 | 0 | D | — · — to — | 714 Ordinary Shares | (F5) The RSUs convert to Ordinary Shares on a one-for-one basis. (F6) The RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The remaining vesting occurred on 3/1/2024. |
| 14 | Derivative | Dividend Equivalent Units | 2024-03-01 | M | D | 50.88 | $0.00 | 438.98 | D | — · — to — | 50.88 Ordinary Shares | (F2) A fractional share of DEUs on the RSUs vesting was 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. |