Filing Details

Accession Number:
0001047340-18-000065
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-02-23 16:44:54
Reporting Period:
2018-02-21
Accepted Time:
2018-02-23 16:44:54
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
1732516 Helmuth Lutty C/O Fresh Del Monte Produce Inc.
Po Box 149222 FL 33114
Svp, Shipping Operations No 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 2018-02-21 400 $0.00 400 No 4 M Direct
Ordinary Shares Disposition 2018-02-21 95 $46.75 305 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 Performance Stock Units Acquisiton 2018-02-21 2,000 $0.00 2,000 $0.00
Ordinary Shares Restricted Stock Units Acquisiton 2018-02-21 2,000 $0.00 2,000 $0.00
Ordinary Shares Restricted Stock Units Disposition 2018-02-21 400 $0.00 400 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,000 No 4 A Direct
2,000 No 4 A Direct
1,600 No 4 M Direct
Footnotes
  1. Represents the number of ordinary shares that were acquired in connection with the settlement of the Restricted Stock Units (RSUs) listed in Table II.
  2. Represents the number of shares required to be sold by he 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.
  3. Performance Stock Units (PSUs) are granted under the Fresh Del Monte Produce Inc. 2014 Omnibus Share Incentive Plan. Each PSU represents a contingent right to receive one ordinary share of FDP. The PSUs 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 PSUs will vest in three equal annual installments on each of 2/21/2019, 2/21/2020 and 2/21/2021.
  4. PSUs and RSUs do not have an expiration date.
  5. Restricted Stock Units (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 will vest in five equal annual installments of which four are remaining on each of 2/21/2019, 2/21/2020, 2/21/2021 and 2/21/2022.