Filing Details
- Accession Number:
- 0001047340-20-000034
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-02-24 21:48:31
- Reporting Period:
- 2020-02-20
- Accepted Time:
- 2020-02-24 21:48:31
- 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 |
|---|---|---|---|---|---|---|---|
| 1769737 | Danny Dumas | C/O Fresh Del Monte Produce Inc., P.o. Box 149222 Coral Gables FL 33114 | Svp, Na Sales, Mkt & Prd Mgmt | 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 | 2020-02-20 | 400 | $0.00 | 3,045 | No | 4 | M | Direct | |
| Ordinary Shares | Acquisiton | 2020-02-20 | 1 | $0.00 | 3,046 | No | 4 | M | Direct | |
| Ordinary Shares | Disposition | 2020-02-20 | 120 | $30.85 | 2,926 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Ordinary Shares | Restricted Stock Units | Disposition | 2020-02-20 | 400 | $0.00 | 400 | $0.00 |
| Ordinary Shares | Dividend Equivalent Units | Disposition | 2020-02-20 | 1 | $0.00 | 1 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 800 | No | 4 | M | Direct | ||
| 84 | No | 4 | M | 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 | 600 | 600 | Direct | ||
| Ordinary Shares | Restricted Stock Units | $0.00 | 1,000 | 1,000 | Direct | ||
| Ordinary Shares | Performance Stock Units | $0.00 | 2,000 | 2,000 | Direct | ||
| Ordinary Shares | Restricted Stock Units | $0.00 | 800 | 800 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 600 | 600 | Direct | |
| 1,000 | 1,000 | Direct | |
| 2,000 | 2,000 | Direct | |
| 800 | 800 | Direct |
Footnotes
- Reflects shares sold for taxes payable upon the vesting of the RSUs.
- The Restricted Stock Units ("RSUs") convert to Ordinary Shares on a one-for-one basis.
- RSUs were awarded on 2/20/19 and vested in five equal installments over four years. The remaining vesting of 400 shares will occur on each 2/20/20, 2/20/21, 2/20/22 and 2/20/23.
- 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.
- RSUs were awarded on 2/21/18 and vested in five equal installments over four years. The remaining vesting of 300 shares will occur on each 2/21/20, 2/21/21 and 2/21/22.
- RSUs were awarded on 8/3/16 and vested in five equal installments over four years. The final vesting of 1000 shares will occur on 8/3/20.
- The Performance Stock Units ("PSUs") convert to Ordinary Shares on a one-for-one basis.
- The PSUs were subject to meeting minimum performance criteria set by the Compensation Committee of the Board of Directors of FDP, which were met at 100%. The PSUs earned vest in three equal annual installments on each of 7/31/2020, 7/31/2021 and 7/31/2022. PSUs and associated DEUs will settled on the six-month anniversary after termination of employment.
- RSUs were awarded on 8/2/17 and vested in five equal installments over four years. The remaining vesting of 400 shares will occur on 8/2/20 and 8/2/21.
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