Filing Details

Accession Number:
0000101063-11-000042
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-08-12 17:39:06
Reporting Period:
2011-08-11
Filing Date:
2011-08-12
Accepted Time:
2011-08-12 16:39:06
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
101063 Chiquita Brands International Inc CQB Agricultural Production-Crops (100) 041923360
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1488454 J Michael Burness 250 East Fifth Street
Cincinnati OH 45202
Vp Global Quality&Food Safety 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
Common Stock Disposition 2011-08-11 801 $9.71 21,760 No 4 F Direct
Common Stock Disposition 2011-08-11 254 $9.22 21,506 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 343 Indirect by 401(k)
Common Stock 1,764 Indirect by ESPP
Footnotes
  1. Table I, Item l. Shares withheld, based on the fair market value of the Common Stock on August 11, 2011, to pay required withholding taxes upon the vesting of 2,544 shares pursuant to a Restricted Stock Award granted August 11, 2009 under the Company;s Stock and Incentive Plan. The full award was previously reported.
  2. Table I, Item l. Shares sold pursuant to a previously adopted and disclosed Rule 10b5-1 trading plan in an amount (10%) corresponding to estimated taxes due in excess of amounts withheld upon the vesting of the August 11,2009 Award referenced above.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.97 to $9.62. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth above.
  4. Table 1, Item 5: Represents the number of whole units held in the Chiquita Stock Fund of the Company's Savings and Investment Plan, a 401(k) Plan, based on a plan statement dated as of June 30, 2011.
  5. Table 1, Item 1: Represents the number of whole shares held in the Chiquita Employee Stock Purchase Plan, a plan qualified by Section 423 of the Internal Revenue Code, based on the most recent plan statement dated at June 30, 2011.