Filing Details
- Accession Number:
- 0001047340-16-000660
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-11-07 14:21:56
- Reporting Period:
- 2016-11-03
- Filing Date:
- 2016-11-07
- Accepted Time:
- 2016-11-07 14:21:56
- 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 | Yes | No | 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 | 2016-11-03 | 141,085 | $0.00 | 141,085 | No | 4 | M | Direct | |
| Ordinary Shares | Disposition | 2016-11-03 | 65,264 | $58.62 | 75,821 | No | 4 | S | Direct | |
| Ordinary Shares | Disposition | 2016-11-03 | 75,821 | $60.93 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Ordinary Shares | Restricted Stock Units | Disposition | 2016-11-03 | 20,564 | $0.00 | 20,564 | $29.99 |
| Ordinary Shares | Restricted Stock Units | Disposition | 2016-11-03 | 30,417 | $0.00 | 30,417 | $40.03 |
| Ordinary Shares | Restricted Stock Units | Disposition | 2016-11-03 | 40,104 | $0.00 | 40,104 | $59.83 |
| Ordinary Shares | Restricted Stock Units | Disposition | 2016-11-03 | 50,000 | $0.00 | 50,000 | $64.58 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct | ||
| 0 | 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 11/2/16 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 $60.57 to $62. Mr. El-Naffy 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.
- 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. All RSUs are fully vested.
- RSUs do not have an expiration date.
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