4//SEC Filing
DOLE FOOD CO INC 4
Accession 0001209191-13-050875
CIK 0000018169operating
Filed
Nov 4, 7:00 PM ET
Accepted
Nov 5, 7:45 PM ET
Size
14.0 KB
Accession
0001209191-13-050875
Insider Transaction Report
Form 4
DOLE FOOD CO INCDOLE
DeLorenzo David A.
DirectorPresident & CEO
Transactions
- Disposition to Issuer
Common Stock
2013-11-01$13.50/sh−496,798$6,706,773→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2013-11-01$3.76/sh−255,000$958,800→ 0 totalExercise: $9.74Exp: 2020-11-29→ Common Stock, par value $0.001 (255,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2013-11-01$4.46/sh−255,000$1,137,300→ 0 totalExercise: $9.04Exp: 2021-11-21→ Common Stock, par value $0.001 (255,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2013-11-01$1.00/sh−350,000$350,000→ 0 totalExercise: $12.50Exp: 2019-10-22→ Common Stock, par value $0.001 (350,000 underlying)
Holdings
- 1,500(indirect: See Footnote)
Common Stock
- 1,500(indirect: See Footnote)
Common Stock
Footnotes (4)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of August 11, 2013, among DFC Holdings, LLC, DFC Merger Corp., David H. Murdock and Dole Food Company, Inc., as amended on August 19, 2013 and on September 19, 2013 (the "Merger Agreement"), at the effective time of the merger of DFC Merger Corp. with and into Dole Food Company, Inc. (the "Merger") each share of Dole Food Company, Inc. common stock converted into the right to receive $13.50 in cash.
- [F2]As UTMA Custodian for grandson's custodial account. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
- [F3]As UTMA Custodian for granddaughter's custodial account. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
- [F4]This option, which was fully vested, was cancelled in the Merger in exchange for a cash payment equal to the product of (i) the excess of $13.50 over the exercise price per share of the option and (ii) the total number of shares underlying the option, which amount will be paid within 15 days after the effective time of the Merger.
Documents
Issuer
DOLE FOOD CO INC
CIK 0000018169
Entity typeoperating
IncorporatedNC
Related Parties
1- filerCIK 0000018169
Filing Metadata
- Form type
- 4
- Filed
- Nov 4, 7:00 PM ET
- Accepted
- Nov 5, 7:45 PM ET
- Size
- 14.0 KB