Filing Details

Accession Number:
0001047340-24-000074
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-07 18:22:54
Reporting Period:
2024-03-05
Accepted Time:
2024-03-07 18:22:54
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
1919356 Ahmad Tarek Betti C/O Fresh Del Monte Produce Inc
241 Sevilla Avenue
Coral Gables FL 33134
Chief Human Resources Officer 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 2024-03-05 998 $24.35 3,109 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 $0.00 260 260 Direct
Ordinary Shares Restricted Stock Units $0.00 555 555 Direct
Ordinary Shares Restricted Stock Units $0.00 2,026 2,026 Direct
Ordinary Shares Performance Stock Units $0.00 1,943 1,943 Direct
Ordinary Shares Performance Stock Units $0.00 987 987 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
260 260 Direct
555 555 Direct
2,026 2,026 Direct
1,943 1,943 Direct
987 987 Direct
Footnotes
  1. Reflects shares sold for taxes payable upon the vesting of Restricted Stock Units ("RSUs") and Performance Stock Units ("PSUs").
  2. 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 RSUs and/or PSUs to which they relate.
  3. The RSUs convert to Ordinary Shares on a one-for-one basis.
  4. The RSUs were awarded on 6/15/2022 and vest in three equal installments over three years. The remaining vesting will occur on 3/2/2025.
  5. The RSUs were awarded on 3/2/2023 and vest in three equal installments over three years. The remaining vestings will occur on 3/2/2025 and 3/2/2026.
  6. The PSUs convert to Ordinary Shares on a one-for-one basis.
  7. The PSUs were awarded on 3/1/2021 and are subject to meeting minimum performance criteria which was met at 91%. The PSUs vest in three equal annual installments. The remaining vesting will occur on 3/1/2024. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
  8. The PSUs were awarded on 6/15/2022 and subject to meeting minimum performance criteria which was met at 97.3%. The PSUs vest in three equal annual installments. The remaining vesting will occur on 3/2/2025.