Filing Details
- Accession Number:
- 0001047340-20-000057
- Form Type:
- 4/A
- Zero Holdings:
- No
- Publication Time:
- 2020-02-25 16:49:36
- Reporting Period:
- 2020-02-20
- Accepted Time:
- 2020-02-25 16:49:36
- Original Submission Date:
- 2020-02-24
- 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 |
|---|---|---|---|---|---|---|---|
| 1769737 | Danny Dumas | C/O Fresh Del Monte Produce Inc., P.o. Box 149222 Coral Gables FL 33114 | Svp, Na Sales, Mkt & Prd Mgmt | 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 | 400 | $0.00 | 2,831 | No | 4 | M | Direct | |
| Ordinary Shares | Acquisiton | 2020-02-20 | 1 | $0.00 | 2,832 | No | 4 | M | Direct | |
| Ordinary Shares | Disposition | 2020-02-20 | 120 | $30.85 | 2,712 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| 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 | Restricted Stock Units | Disposition | 2020-02-20 | 400 | $0.00 | 400 | $0.00 |
| Ordinary Shares | Dividend Equivalent Units | Disposition | 2020-02-20 | 1 | $0.00 | 1 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,200 | No | 4 | M | Direct | ||
| 91 | No | 4 | M | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Ordinary Shares | Restricted Stock Units | $0.00 | 900 | 900 | Direct | ||
| Ordinary Shares | Restricted Stock Units | $0.00 | 1,000 | 1,000 | Direct | ||
| Ordinary Shares | Performance Stock Units | $0.00 | 2,000 | 2,000 | Direct | ||
| Ordinary Shares | Restricted Stock Units | $0.00 | 800 | 800 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 900 | 900 | Direct | |
| 1,000 | 1,000 | Direct | |
| 2,000 | 2,000 | Direct | |
| 800 | 800 | Direct |
Footnotes
- The original Form 4, filed on February 24, 2020, is being amended solely to reflect the correct amounts of securities beneficially owned following the reported transactions. There were no other changes to the Form 4.
- Reflects shares sold for taxes payable upon the vesting of the RSUs.
- The Restricted Stock Units ("RSUs") convert to Ordinary Shares on a one-for-one basis.
- RSUs were awarded on 2/20/19 and vested in five equal installments over four years. The remaining vesting of 400 shares will occur on each 2/20/20, 2/20/21, 2/20/22 and 2/20/23.
- Each Dividend Equivalent Unit (DEU) represents a contingent right to receive one ordinary share of FDP. DEUs are subject to the same restrictions and vesting and/or performance criteria based on the underlying Restricted Stock Units (RSUs) and/or Performance Stock Units (PSUs) to which they relate.
- RSUs were awarded on 2/21/18 and vested in five equal installments over four years. The remaining vesting of 300 shares will occur on each 2/21/20, 2/21/21 and 2/21/22.
- RSUs were awarded on 8/3/16 and vested in five equal installments over four years. The final vesting of 1000 shares will occur on 8/3/20.
- The Performance Stock Units ("PSUs") convert to Ordinary Shares on a one-for-one basis.
- The PSUs were subject to meeting minimum performance criteria set by the Compensation Committee of the Board of Directors of FDP, which were met at 100%. The PSUs earned vest in three equal annual installments on each of 7/31/2020, 7/31/2021 and 7/31/2022. PSUs and associated DEUs will settled on the six-month anniversary after termination of employment.
- RSUs were awarded on 8/2/17 and vested in five equal installments over four years. The remaining vesting of 400 shares will occur on 8/2/20 and 8/2/21.
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