Home > Insider Trading > Filing (0001127602-10-025594)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
866873	Del Monte Foods Co	DLM	Canned, Fruits, Veg, Preserves, Jams & Jellies (2033)	133542950

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1243129	L David Meyers	Del Monte Corporation One Market @ The Landmark San Francisco CA 94105	Evp, Administration And Cfo	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, $0.01, Par Value	Acquisiton	2010-10-15	297,000	$7.37	594,052	No	4	M	Direct
Common Stock, $0.01, Par Value	Disposition	2010-10-15	315,079	$15.02	278,973	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock, $0.01, Par Value	Employee Stock Option (right To Purchase)	Disposition	2010-10-15	297,000	$0.00	297,000	$7.37

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2013-04-08	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, $0.01, Par Value	18,086	Indirect	401(k)

Footnotes

The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 17, 2010.
This transaction was executed in multiple trades at prices ranging from $15.00 to $15.13. 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.
Includes 197,658.9 deferred stock units, 38,700 Performance Accelerated Restricted Stock Units (PARS) and 13,500 Restricted Stock Units (RSU).
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.
This option vested 75% on April 8, 2006 and 25% on April 8, 2007.