DEL MONTE FOODS CO 4
4 · DEL MONTE FOODS CO · Filed Apr 29, 2008
Insider Transaction Report
Form 4
Berry Jeff M
Vice President & Treasurer
Transactions
- Award
Performance Share
2008-04-25+8,100→ 21,950 total→ Common Stock, $0.01 par value (8,100 underlying)
Footnotes (5)
- [F1]1 performance share unit for 1 share of common stock.
- [F2]Represents maximum number of shares of common stock which may be earned in connection with the 4/25/08 grant of performance share units. The target number of shares associated with the grant is 5,400.
- [F3]Vesting of performance share units is based on the Company's level of achievement of Relative Total Share Return (RTSR) over the performance period (FY2009-FY2011).
- [F4]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.
- [F5]Includes 13,850 performance share units previously reported voluntarily with different vesting terms.