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
  1. 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.
  2. 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.
  3. 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.
  4. Stock Options are fully vested.
  5. The RSUs convert to Ordinary Shares on a one-for-one basis.
  6. 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.
  7. 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.
  8. 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.
  9. The PSUs convert to Ordinary Shares on a one-for-one basis.
  10. 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.
  11. 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.