Filing Details

Accession Number:
0001047340-23-000193
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-08-08 17:34:07
Reporting Period:
2023-08-04
Accepted Time:
2023-08-08 17:34:07
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
1857364 Rodriguez Jesus Calvo C/O Fresh Del Monte Produce Inc
241 Sevilla Avenue
Coral Gables FL 33134
Svp, Na Sales & Marketing 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 Disposition 2023-08-04 1,605 $28.00 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Ordinary Shares Dividend Equivalent Units $0.00 244 244 Direct
Ordinary Shares Restricted Stock Units $0.00 1,800 1,800 Direct
Ordinary Shares Restricted Stock Units $0.00 3,313 3,313 Direct
Ordinary Shares Performance Stock Units $0.00 2,652 2,652 Direct
Ordinary Shares Performance Stock Units $0.00 3,313 3,313 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
244 244 Direct
1,800 1,800 Direct
3,313 3,313 Direct
2,652 2,652 Direct
3,313 3,313 Direct
Footnotes
  1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $27.98 to $28.01 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.
  2. Each Dividend Equivalent Unit ("DEUs") represents a contingent right to receive one Ordinary Share of the Issuer. 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.
  3. RSUs convert to Ordinary Shares on a one-for-one basis.
  4. The RSUs were awarded on 12/1/2020 and vest in five equal installments over four years. The remaining vestings will occur on 12/1/2023 and 12/1/2024.
  5. The RSUs were awarded on 3/2/2023 and vest in three equal installments on 3/2/2024, 3/2/2025 and 3/2/2026.
  6. PSUs convert to Ordinary Shares on a one-for-one basis.
  7. 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. The remaining vestings will occur on each of 3/2/2024 and 3/2/2025.
  8. The PSUs were awarded on 3/2/2023 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 3/2/2024, 3/2/2025 and 3/2/2026.