Filing Details

Accession Number:
0001047340-22-000270
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-09-13 17:17:33
Reporting Period:
2022-09-09
Accepted Time:
2022-09-13 17:17:33
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
1921509 D Effie Silva C/O Fresh Del Monte Produce Inc
P.o. Box 149222
Coral Gables FL 33114
Svp, General Counsel & Secy 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 2022-09-09 0 $25.64 1 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Dividend Equivalent Units Dividend Equivalent Units Acquisiton 2022-09-09 25 $0.00 25 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
25 No 4 A 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 1,652 1,652 Direct
Ordinary Shares Performance Stock Units $0.00 2,541 2,541 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
1,652 1,652 Direct
2,541 2,541 Direct
Footnotes
  1. 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.
  2. Reflects DEUs received by the Reporting Person as a result of dividend equivalents accrued with respect to outstanding RSUs and/or PSUs granted to the Reporting Person. Dividend equivalents are accrued at the same rate and at the same time as dividends are paid to Ordinary Shareholders. Dividend equivalents on RSUs and/or PSUs are subject to the same restrictions and vesting conditions as the underlying RSUs and/or PSUs.
  3. The Restricted Stock Units ("RSUs") convert to Ordinary Shares on a one-for-one basis.
  4. RSUs were awarded on 6/15/2022 and vest in three equal installments over three years. The vestings will occur on 6/15/2023, 3/2/2024 and 3/2/2025.
  5. The Performance Stock Units ("PSUs") convert to Ordinary Shares on a one-for-one basis.
  6. The PSUs were awarded on 6/15/2022 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 6/15/2023, 3/2/2024 and 3/2/2025. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.