Filing Details
- Accession Number:
- 0001047340-22-000145
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-05-31 14:31:04
- Reporting Period:
- 2022-05-26
- Accepted Time:
- 2022-05-31 14:31:04
- 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 |
---|---|---|---|---|---|---|---|
1418036 | Mohammad Abu-Ghazaleh | C/O Fresh Del Monte Produce Inc. P.o. Box 149222 Coral Gables FL 33134 | 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 | Acquisiton | 2022-05-26 | 19,361 | $25.27 | 6,827,018 | No | 4 | P | Direct | |
Ordinary Shares | Acquisiton | 2022-05-27 | 639 | $25.82 | 6,827,657 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct | |
No | 4 | P | 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 | 3,228 | 3,228 | 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 Units | $0.00 | 20,000 | 20,000 | Direct | ||
Ordinary Shares | Restricted Stock Units | $0.00 | 40,165 | 40,165 | Direct | ||
Ordinary Shares | Performance Stock Units | $0.00 | 11,068 | 11,068 | Direct | ||
Ordinary Shares | Performance Stock Units | $0.00 | 36,551 | 36,551 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
3,228 | 3,228 | 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 | |
40,165 | 40,165 | Direct | |
11,068 | 11,068 | Direct | |
36,551 | 36,551 | Direct |
Footnotes
- Represents the weighted average price of the shares purchased. The prices of the shares purchased pursuant to the transaction ranged from $24.92 to $25.43 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 purchased at each separate price.
- Represents the weighted average price of the shares purchased. The prices of the shares purchased pursuant to the transaction ranged from $25.75 to $25.90 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 purchased 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 2/20/19 and vest in five equal installments over four years. The remaining vesting will occur on 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 3/1/2023 and 3/1/2024.
- The RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The remaining vestings will occur on 3/1/2023 and 3/1/2024.
- The PSUs convert to Ordinary Shares on a one-for-one basis.
- The PSUs were awarded on 3/2/2020 and 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 subject to meeting minimum performance criteria which was met at 91%. Once earned, the PSUs vest in three equal annual installments on each of 3/1/2022, 3/1/2023 and 3/1/2024.