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DLM Del Monte Foods Co.

18.99
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Del Monte Foods Co. NYSE:DLM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 18.99 0 01:00:00

- Statement of Changes in Beneficial Ownership (4)

21/12/2010 12:28am

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).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response...
0.5
                      
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
                      

1. Name and Address of Reporting Person *

LOMMERIN NILS
2. Issuer Name and Ticker or Trading Symbol

DEL MONTE FOODS CO [ DLM ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
COO
(Last)          (First)          (Middle)

DEL MONTE CORPORATION, ONE MARKET @ THE LANDMARK
3. Date of Earliest Transaction (MM/DD/YYYY)

12/17/2010
(Street)

SAN FRANCISCO, CA 94105
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $0.01, Par Value   12/17/2010     M    139850   A $7.77   538950   D    
Common Stock, $0.01, Par Value   12/17/2010     M    125000   A $8.78   663950   D    
Common Stock, $0.01, Par Value   12/17/2010     M    128000   A $10.24   791950   D    
Common Stock, $0.01, Par Value   12/17/2010     M    112500   A $10.33   904450   D    
Common Stock, $0.01, Par Value   12/17/2010     M    130000   A $10.37   1034450   D    
Common Stock, $0.01, Par Value   12/17/2010     M    200000   A $10.59   1234450   D    
Common Stock, $0.01, Par Value   12/17/2010     M    62150   A $11.40   1296600   D    
Common Stock, $0.01, Par Value   12/17/2010     S    907310   D $18.75   (1) 389290   (2) D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right To Purchase)   $7.77   12/17/2010     M         139850      (3) 9/25/2018   Common Stock, $0.01, Par Value   139850   $0   139850   D    
Employee Stock Option (right To Purchase)   $8.78   12/17/2010     M         125000      (4) 9/12/2013   Common Stock, $0.01, Par Value   125000   $0   0   D    
Employee Stock Option (right To Purchase)   $10.24   12/17/2010     M         128000      (5) 9/29/2015   Common Stock, $0.01, Par Value   128000   $0   0   D    
Employee Stock Option (right To Purchase)   $10.33   12/17/2010     M         112500      (6) 9/27/2017   Common Stock, $0.01, Par Value   112500   $0   37500   D    
Employee Stock Option (right To Purchase)   $10.37   12/17/2010     M         130000      (7) 9/21/2016   Common Stock, $0.01, Par Value   130000   $0   0   D    
Employee Stock Option (right To Purchase)   $10.59   12/17/2010     M         200000      (8) 9/22/2014   Common Stock, $0.01, Par Value   200000   $0   0   D    
Employee Stock Option (right To Purchase)   $11.40   12/17/2010     M         62150      (9) 9/24/2019   Common Stock, $0.01, Par Value   62150   $0   186450   D    

Explanation of Responses:
( 1)  This transaction was executed in multiple trades at prices ranging from $18.73 to $18.77. 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 298,989.78 deferred stock units, 64,500 Performance Accelerated Restricted Stock Units (PARS) and 25,800 Restricted Stock Units (RSUs).
( 3)  This option vests in 4 equal installments on September 25, 2009, 2010, 2011 and 2012.
( 4)  This option vested in 4 equal installments on September 12, 2004, 2005, 2006 an 2007.
( 5)  This option vested in 4 equal installments on September 29, 2006, 2007, 2008 and 2009.
( 6)  This option vests in 4 equal installments on September 27, 2008, 2009, 2010 and 2011.
( 7)  This option vested in 4 equal installments on September 21, 2007, 2008, 2009 and 2010.
( 8)  This option vested in 4 equal installments on September 22, 2005, 2006, 2007 and 2008.
( 9)  This option vests in 4 equal installments on September 24, 2010, 2011, 2012 and 2013.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
LOMMERIN NILS
DEL MONTE CORPORATION
ONE MARKET @ THE LANDMARK
SAN FRANCISCO, CA 94105


COO

Signatures
/s/ James Potter, signed pursuant to power of attorney 12/20/2010
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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