Filing Details

Accession Number:
0001127602-10-031555
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-12-27 16:46:50
Reporting Period:
2010-12-22
Filing Date:
2010-12-27
Accepted Time:
2010-12-27 16:46:50
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
866873 Del Monte Foods Co DLM Canned, Fruits, Veg, Preserves, Jams & Jellies (2033) 133542950
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1466869 E Larry Bodner Po Box 193575
San Francisco CA 94119
Evp, Finance No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $0.01, Par Value Acquisiton 2010-12-22 50,000 $7.77 125,670 No 4 M Direct
Common Stock, $0.01, Par Value Acquisiton 2010-12-22 30,000 $10.24 155,670 No 4 M Direct
Common Stock, $0.01, Par Value Acquisiton 2010-12-22 42,525 $10.33 198,195 No 4 M Direct
Common Stock, $0.01, Par Value Acquisiton 2010-12-22 35,000 $10.37 233,195 No 4 M Direct
Common Stock, $0.01, Par Value Acquisiton 2010-12-22 22,775 $11.40 255,970 No 4 M Direct
Common Stock, $0.01, Par Value Disposition 2010-12-22 180,300 $18.75 75,670 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, $0.01, Par Value Employee Stock Option (right To Purchase) Disposition 2010-12-22 50,000 $0.00 50,000 $7.77
Common Stock, $0.01, Par Value Employee Stock Option (right To Purchase) Disposition 2010-12-22 30,000 $0.00 30,000 $10.24
Common Stock, $0.01, Par Value Employee Stock Option (right To Purchase) Disposition 2010-12-22 42,525 $0.00 42,525 $10.33
Common Stock, $0.01, Par Value Employee Stock Option (right To Purchase) Disposition 2010-12-22 35,000 $0.00 35,000 $10.37
Common Stock, $0.01, Par Value Employee Stock Option (right To Purchase) Disposition 2010-12-22 22,775 $0.00 22,775 $11.40
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
50,000 2018-09-25 No 4 M Direct
0 2015-09-29 No 4 M Direct
14,175 2017-09-27 No 4 M Direct
0 2016-09-21 No 4 M Direct
68,325 2019-09-24 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, $0.01, Par Value 6,298 Indirect 401(k)
Footnotes
  1. This transaction was executed in multiple trades at prices ranging from $18.75 to $18.755. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  2. Includes 8,667.55 deferred stock units, 23,300 Performance Accelerated Restricted Stock Units (PARS) and 11,200 Restricted Stock Units (RSU).
  3. Reflects the reporting person's interest in equivalent shares held by the unitized stock fund in the Del Monte 401(k) savings plan (Plan). The unitized stock fund consists of Del Monte common stock (approximately 96% of the fund value) and cash or cash equivalents (approximately 4% of the fund value). The number of shares attributed to the reporting person as a Plan participant and expressed as equivalent shares has been calculated based on the closing price of Del Monte common stock on the date of the reported transaction and may change from time to time without the volition of the reporting person depending on the fair market value of Del Monte common stock and the amount of cash in the fund.
  4. Vest 25% per year for four (4) years beginning with the first anniversary of the grant date (which date is 10 years prior to expiration date).