Filing Details
- Accession Number:
- 0001047340-21-000260
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-09-08 17:41:23
- Reporting Period:
- 2021-09-03
- Accepted Time:
- 2021-09-08 17:41:23
- 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 |
---|---|---|---|---|---|---|---|
1418036 | Mohammad Abu-Ghazaleh | C/O Fresh Del Monte Produce Inc. P.o. Box 149222 Coral Gables FL 33114 | Chairman And Ceo | Yes | Yes | Yes | 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 | Disposition | 2021-09-03 | 10,785 | $32.38 | 6,712,623 | No | 4 | S | Direct | |
Ordinary Shares | Disposition | 2021-09-07 | 200 | $32.10 | 6,712,423 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | S | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Ordinary Shares | 20,000 | Indirect | Held by Spouse |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Ordinary Shares | Dividend Equivalent Units | $0.00 | 2,833 | 2,833 | Direct | ||
Ordinary Shares | Employee Stock Options (Right to Buy) | $26.52 | 2023-02-20 | 32,200 | 32,200 | Direct | |
Ordinary Shares | Employee Stock Options (Right to Buy) | $28.89 | 2024-04-30 | 64,400 | 64,400 | Direct | |
Ordinary Shares | Restricted Stock Unit | $0.00 | 10,000 | 10,000 | Direct | ||
Ordinary Shares | Restricted Stock Unit | $0.00 | 20,000 | 20,000 | Direct | ||
Ordinary Shares | Restricted Stock Units | $0.00 | 30,000 | 30,000 | Direct | ||
Ordinary Shares | Restricted Stock Units | $0.00 | 60,217 | 60,217 | Direct | ||
Ordinary Shares | Performance Stock Units | $0.00 | 13,333 | 13,333 | Direct | ||
Ordinary Shares | Performance Stock Units | $0.00 | 22,134 | 22,134 | Direct | ||
Ordinary Shares | Performance Stock Units | $0.00 | 60,217 | 60,217 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2,833 | 2,833 | Direct | |
2023-02-20 | 32,200 | 32,200 | Direct |
2024-04-30 | 64,400 | 64,400 | Direct |
10,000 | 10,000 | Direct | |
20,000 | 20,000 | Direct | |
30,000 | 30,000 | Direct | |
60,217 | 60,217 | Direct | |
13,333 | 13,333 | Direct | |
22,134 | 22,134 | Direct | |
60,217 | 60,217 | Direct |
Footnotes
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $32.27 to $32.67 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $32.03 to $32.17 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- Each Dividend Equivalent Unit ("DEUs") represent 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.
- Stock Options are fully vested.
- The RSUs convert to Ordinary Shares on a one-for-one basis.
- RSUs were awarded on 2/21/18 and vest in five equal installments over four years. The remaining vesting will occur on 2/21/22.
- RSUs were awarded on 2/20/19 and vest in five equal installments over four years. The remaining vestings will occur on 2/20/22 and 2/20/23.
- RSUs were awarded on 3/2/2020 and vest in five equal installments over four years. The remaining vestings will occur on 3/1/2022, 3/1/2023 and 3/1/2024.
- The RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The vestings will occur on each 3/1/2022, 3/1/2023 and 3/1/2024.
- The 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 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.
- The PSUs were awarded on 3/2/2020 subject to meeting minimum performance criteria, which was met at 83%. Once earned, the PSUs vest in three equal annual installments on each of 3/1/2021, 3/1/2022 and 3/1/2023.
- The PSUs were awarded on 3/1/2021 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 3/1/2022, 3/1/2023 and 3/1/2024.