Filing Details

Accession Number:
0001047340-20-000030
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-02-24 21:47:04
Reporting Period:
2020-02-20
Accepted Time:
2020-02-24 21:47:04
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
1469680 Youssef Zakharia C/O Fresh Del Monte Produce Inc.
P.o. Box 14922
Coral Gables FL 33114
President And Coo 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 2020-02-20 4,000 $0.00 11,072 No 4 M Direct
Ordinary Shares Disposition 2020-02-20 1,804 $30.85 9,268 No 4 S Direct
Ordinary Shares Acquisiton 2020-02-20 18 $0.00 9,286 No 4 M Direct
Ordinary Shares Acquisiton 2020-02-20 4,000 $0.00 13,286 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
No 4 M Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Ordinary Shares Dividend Equivalent Units Disposition 2020-02-20 18 $0.00 18 $0.00
Ordinary Shares Restricted Stock Units Disposition 2020-02-20 4,000 $0.00 4,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,286 No 4 M Direct
12,000 No 4 M Direct
Footnotes
  1. Reflects shares sold for taxes payable upon the vesting of RSUs.
  2. Dividend Equivalent Units (DEUs) were granted under the Fresh Del Monte Produce Inc. 2014 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).
  3. The Restricted Stock Units ("RSUs") convert to Ordinary Shares on a one-for-one basis.
  4. RSUs were awarded on 2/20/19 and vested in five equal installments over four years. The remaining vestings of 400 shares will occur on each 2/20/20, 2/20/21, 2/20/22 and 2/20/23.