Filing Details

Accession Number:
0001047340-14-000222
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-12-12 16:22:04
Reporting Period:
2014-12-10
Filing Date:
2014-12-12
Accepted Time:
2014-12-12 16:22:04
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
1418036 Mohammad Abu-Ghazaleh C/O Fresh Del Monte Produce Inc.
P.o. Box 149222
Coral Gables FL 33114
Chairman And Ceo Yes Yes Yes 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 2014-12-10 700 $26.52 5,380,304 No 4 M Direct
Ordinary Shares Disposition 2014-12-10 700 $33.95 5,379,604 No 4 S Direct
Ordinary Shares Acquisiton 2014-12-11 64 $0.00 5,379,668 No 4 M Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M 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 2014-12-10 700 $0.00 700 $26.52
Ordinary Shares Dividend Equivalent Units Disposition 2014-12-11 64 $0.00 64 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
108,816 2023-02-20 No 4 M Direct
0 No 4 M Direct
Footnotes
  1. This represents the weighted average sales price of the shares. The shares were sold at a price ranging from $33.94 to $33.98. Mr. Abu-Ghazaleh will provide, upon request of the SEC staff, Fresh Del Monte Produce., or a shareholder of Fresh Del Monte Produce Inc., complete information regarding the number of shares sold at each price within the range.
  2. Dividend Equivalent Units (DEUs) 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. DEUs are subject to meeting performance criteria set by the Compensation Committee of the Board of Directors of FDP. Such criteria has been met and 64 of these DEUs fully vested on 11/2/14. Pursuant to the terms of such plan, the Reporting Person elected to defer settlement of such DEUs. Settlement occurred on the transaction date indicated in Table II.
  3. The option is currently exercisable with respect to 12,916 shares and will become exercisable with respect to another 32,200 shares on each of 2/20/2015, 2/20/2016 and 2/20/2017.
  4. DEUs do not have an expiration date.