BROWN MARC L 4
4 · DEL MONTE FOODS CO · Filed Sep 30, 2010
Insider Transaction Report
Form 4
BROWN MARC L
SVP, Corp. Service Ctr & CIO
Transactions
- Tax Payment
Common Stock, $0.01, Par Value
2010-09-29$13.30/sh−1,174$15,614→ 53,112 total
Holdings
- 4,929(indirect: By 401(k))
Common Stock, $0.01, Par Value
Footnotes (4)
- [F1]The September 29, 2005 grant of Performance Accelerated Restricted Stock Units (PARS) previously reported on Table 1 vested on September 29, 2010. Pursuant to the terms of the PARS agreement, the Company withheld the shares reported herein to satisfy the statutory tax withholding requirements relating to such vesting.
- [F2]High/low average of Company's stock on date of withholding (i.e. date of vesting).
- [F3]Includes 18,400 Performance Accelerated Restricted Stock Units (PARS) and 5,600 Restricted Stock Units (RSU).
- [F4]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.