Filing Details
- Accession Number:
- 0001047340-20-000104
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-03-04 21:22:39
- Reporting Period:
- 2020-03-02
- Accepted Time:
- 2020-03-04 21:22:39
- 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, Network Shipping & Ops | 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 | 2020-03-02 | 525 | $0.00 | 3,284 | No | 4 | M | Direct | |
| Ordinary Shares | Disposition | 2020-03-02 | 159 | $28.32 | 3,125 | 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 | Restricted Stock Units | Acquisiton | 2020-03-02 | 2,625 | $0.00 | 2,625 | $0.00 |
| Ordinary Shares | Performance Stock Units | Acquisiton | 2020-03-02 | 2,625 | $0.00 | 2,625 | $0.00 |
| Ordinary Shares | Restricted Stock Units | Disposition | 2020-03-02 | 525 | $0.00 | 525 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 2,625 | No | 4 | A | Direct | ||
| 2,625 | No | 4 | A | Direct | ||
| 2,100 | 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 | 600 | 600 | Direct | ||
| Ordinary Shares | Restricted Stock Units | $0.00 | 800 | 800 | Direct | ||
| Ordinary Shares | Restricted Stock Units | $0.00 | 800 | 800 | Direct | ||
| Ordinary Shares | Restricted Stock Units | $0.00 | 1,200 | 1,200 | Direct | ||
| Ordinary Shares | Performance Stock Units | $0.00 | 2,000 | 2,000 | Direct | ||
| Ordinary Shares | Dividend Equivalent Units | $0.00 | 74 | 74 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 600 | 600 | Direct | |
| 800 | 800 | Direct | |
| 800 | 800 | Direct | |
| 1,200 | 1,200 | Direct | |
| 2,000 | 2,000 | Direct | |
| 74 | 74 | Direct |
Footnotes
- Vesting of first tranche of RSUs awarded 3/2/2020.
- Reflects shares sold for taxes payable upon the vesting of RSUs.
- The Restricted Stock Units ("RSUs") convert to Ordinary Shares on a one-for-one basis.
- RSUs were awarded on 3/2/2020 and vest in five equal installments over four years. The remaining vestings will occur on 3/1/2021, 3/1/2022, 3/1/2023 and 3/1/2024.
- The Performance Stock Units ("PSUs") convert to Ordinary Shares on a one-for-one basis.
- The PSUs were awarded on 3/2/2020 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 3/1/2021, 3/1/2022 and 3/1/2023. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
- The RSUs were awarded on 8/3/2016 and vest in five equal annual installments of which one is remaining on 8/3/2020.
- The RSUs were awarded on 8/2/2017 and vest in five equal annual installments over four years of which two are remaining on each of 8/2/2020 and 8/2/2021.
- RSUs were awarded on 2/21/2018 and vested in five equal installments over four years. The remaining vestings will occur on 2/21/2021 and 2/21/2022.
- RSUs were awarded on 2/20/2019 and vested in five equal installments over four years. The remaining vestings of 400 shares will occur on each 2/20/2020, 2/20/2021, 2/20/2022 and 2/20/2023.
- The PSUs were awarded 2/20/2019 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vest in three equal annual installments on each of 2/20/2020, 2/20/2021 and 2/20/2022. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
- 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.
Billionaire Hedge Funds
