4//SEC Filing
POTTER JAMES 4
Accession 0001127602-10-023875
CIK 0000866873other
Filed
Sep 26, 8:00 PM ET
Accepted
Sep 27, 6:04 PM ET
Size
11.0 KB
Accession
0001127602-10-023875
Insider Transaction Report
Form 4
POTTER JAMES
SVP, Gen Counsel
Transactions
- Award
Stock Option (right To Purchase)
2010-09-23+47,200→ 47,200 totalExercise: $12.64Exp: 2020-09-23→ Common Stock, $0.01, Par Value (47,200 underlying) - Award
Common Stock, $0.01, Par Value
2010-09-23+6,700→ 87,611 total - Award
Performance Share
2010-09-23+22,350→ 78,450 totalExercise: $0.00→ Common Stock, $0.01, Par Value (22,350 underlying)
Footnotes (9)
- [F1]Restricted Stock Units that vest 25% on second anniversary of grant date, 25% on third anniversary of grant date and 50% on fourth anniversary of grant date.
- [F2]This entry reflects the grant of Restricted Stock Units and accordingly the price is left blank.
- [F3]Includes 32,197.61 deferred stock units, 24,300 Performance Accelerated Restricted Stock Units (PARS) and 6,700 Restricted Stock Units (RSU).
- [F4]1 performance share unit for 1 share of common stock.
- [F5]Represents maximum number of shares of common stock which may be earned in connection with the 9/23/10 grant of performance share units. The target number of shares associated with the grant is 14,900.
- [F6]Vesting of performance share units is based on the Company's level of achievement of Relative Total Shareholder Return (RTSR) over the performance period.
- [F7]Performance share units either vest or forfeit based on the Company's level of achievement of RTSR over the performance period. Because vesting of the performance share units is tied to a performance measure that is not solely the Company's stock price (due to the impact of Company dividends and comparator group performance on RTSR), the performance share units may not currently be considered "derivative securities" under applicable rules and accordingly, to such extent, the Reporting Person may be considered to have reported these performance share units voluntarily.
- [F8]Includes performance share units previously reported voluntarily with different vesting terms.
- [F9]Options generally vest 25% per year for four (4) years beginning with the first anniversary of the transaction date.
Documents
Issuer
DEL MONTE FOODS CO
CIK 0000866873
Entity typeother
Related Parties
1- filerCIK 0001188659
Filing Metadata
- Form type
- 4
- Filed
- Sep 26, 8:00 PM ET
- Accepted
- Sep 27, 6:04 PM ET
- Size
- 11.0 KB