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
- 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.
- The option is currently exercisable with respect to all underlying shares.
- 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).
- 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.
- DEUs do not have an expiration date.
- 40,755 of these securities are RSUs, including associated DEUs, which have not yet vested.