- Statement of Changes in Beneficial Ownership (4)
May 10 2010 - 2:45PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
WOLFORD RICHARD G
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2. Issuer Name
and
Ticker or Trading Symbol
DEL MONTE FOODS CO
[
DLM
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__
X
__ Director
_____ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
COB, President and CEO
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(Last)
(First)
(Middle)
DEL MONTE CORPORATION, ONE MARKET @ THE LANDMARK
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3. Date of Earliest Transaction
(MM/DD/YYYY)
5/6/2010
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(Street)
SAN FRANCISCO, CA 94105
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock, $0.01, Par Value
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5/6/2010
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A
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581
(1)
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A
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$12.01
(2)
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652316
(3)
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D
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Common Stock, $0.01, Par Value
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306538
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I
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Richard G. Wolford, Ttee Trust U/a March 19, 2003
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Trans. Date
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3A. Deemed Execution Date, if any
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4. Trans. Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Explanation of Responses:
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(
1)
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Represents 580.84 deferred stock units issued under Del Monte Foods Company's 2002 Stock Incentive Plan pursuant to Del Monte's AIP Deferred Compensation Plan. Each deferred stock unit issued in connection with the AIP Deferred Compensation Plan is credited with dividends that are converted into additional deferred stock units. The deferred stock units reported herein reflect the additional deferred stock units credited in connection with the dividend the Company paid on 5/6/10. Vesting of deferred stock units credited in connection with a dividend will follow the vesting of the underlying deferred stock units with respect to which such credited deferred stock units were calculated.
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(
2)
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Credited dividends were converted into additional deferred stock units based on the high/low average of the Company's stock on the transaction date.
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(
3)
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Includes 140,039.83 deferred stock units and 442,400 Performance Accelerated Restricted Stock Units (PARS).
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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WOLFORD RICHARD G
DEL MONTE CORPORATION
ONE MARKET @ THE LANDMARK
SAN FRANCISCO, CA 94105
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X
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COB, President and CEO
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Signatures
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/s/ David L. Meyers, signed pursuant to power of attorney
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5/7/2010
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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