Filing Details

Accession Number:
0001181431-13-062225
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-12-10 16:28:03
Reporting Period:
2013-12-06
Filing Date:
2013-12-10
Accepted Time:
2013-12-10 16:28:03
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1047340 Fresh Del Monte Produce Inc FDP Agricultural Production-Crops (100) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1416765 Hani El-Naffy C/O Fresh Del Monte Produce Inc.
P.o. Box 149222
Coral Gables FL 33114
President And Coo Yes 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
Ordinary Shares Acquisiton 2013-12-06 15,705 $21.72 15,705 No 4 M Direct
Ordinary Shares Disposition 2013-12-06 15,705 $28.29 0 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
Ordinary Shares Employee Stock Options (Right to Buy) Disposition 2013-12-06 15,705 $0.00 15,705 $21.72
Ordinary Shares Dividend Equivalent Units Acquisiton 2013-12-06 272 $0.00 61,447 $28.26
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
24,295 2013-07-31 No 4 M Direct
272 No 4 A Direct
Footnotes
  1. This represents the weighted average sales price of the shares. The shares were sold at prices ranging from $28.28 to $28.32. Mr. El-Naffy will provide, upon request of the SEC staff, Fresh Del Monte Produce Inc., or a shareholder of Fresh Del Monte Produce Inc., complete information regarding the number of shares sold at each price within the range.
  2. The option is currently exercisable with respect to all underlying shares.
  3. Dividend Equivalent Units (DEUs) were granted under the Fresh Del Monte Produce Inc. 2011 Omnibus Share Incentive Plan. Each DEU represents a contingent right to receive one ordinary share of FDP. The DEUs are subject to meeting minimum performance criteria set by the Compensation Committee of the Board of Directors of FDP. Provided such criteria are met, the DEUs will vest in three equal annual installments based on the underlying Restricted Stock Units (RSUs).
  4. Reflects DEUs received by the Reporting Person as a result of dividend equivalents accrued with respect to outstanding RSUs granted to the Reporting Person. Dividend equivalents are accrued at the same rate and at the same time as dividends are paid to Ordinary Shareholders. Dividend equivalents on RSUs are subject to the same restrictions and vesting conditions as the underlying RSUs.
  5. DEUs do not have an expiration date.
  6. 40,755 of these securities are RSUs, including associated DEUs, which have not yet vested.