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Filing Details

Accession Number:: 0001047340-16-000560
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-08-08 16:09:19
Reporting Period:: 2016-08-04

Filing Date:: 2016-08-08
Accepted Time:: 2016-08-08 16:09:19
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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Ordinary Shares	Acquisiton	2016-08-04	10,000	$0.00	21,964	No	4	M	Direct
Ordinary Shares	Disposition	2016-08-04	4,126	$59.67	17,838	No	4	S	Direct
Ordinary Shares	Acquisiton	2016-08-04	11,376	$24.29	29,214	No	4	M	Direct
Ordinary Shares	Disposition	2016-08-04	11,376	$60.04	17,838	No	4	S	Direct
Ordinary Shares	Acquisiton	2016-08-04	40,000	$28.09	57,838	No	4	M	Direct
Ordinary Shares	Disposition	2016-08-04	40,000	$60.04	17,838	No	4	S	Direct

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

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Ordinary Shares	Restricted Stock Units	Disposition	2016-08-04	10,000	$0.00	10,000	$59.83
Ordinary Shares	Employee Stock Options (Right to Buy)	Disposition	2016-08-04	11,376	$0.00	11,376	$24.29
Ordinary Shares	Employee Stock Options (Right to Buy)	Disposition	2016-08-04	40,000	$0.00	40,000	$28.09

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
40,000		No	4	M	Direct
24,624	2022-08-01	No	4	M	Direct
40,000	2023-07-31	No	4	M	Direct

Footnotes

Transaction Date reflects the date on which the Sell to Cover and conversion of the Restricted Stock Units (RSU), which vested on 8/3/16 occurred.
Represents the number of ordinary shares that were acquired in connection with the settlement of the RSUs listed in Table II.
Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of the RSUs listed in Table II. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax witholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
This represents the weighted average sales price of the shares. The shares were sold at a price ranging from $59.56 to $60.57. 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.
RSUs are granted under the Fresh Del Monte Produce Inc. 2014 Omnibus Share Incentive Plan. Each RSU represents a contingent right to receive one ordinary share of FDP. The RSUs vest in five equal annual installments of which four are remaining on each of 8/3/2017, 8/3/2018, 8/3/2019 and 8/3/2020.
RSUs do not have an expiration date.
The option is currently exercisable with respect to all underlying shares.
The option is exercisable with respect to 40,000 shares and will become exercisable with respect to an additional 40,000 shares on 7/31/2017.