Filing Details

Accession Number:
0001047340-20-000052
Form Type:
4/A
Zero Holdings:
No
Publication Time:
2020-02-25 16:47:45
Reporting Period:
2020-02-20
Accepted Time:
2020-02-25 16:47:45
Original Submission Date:
2020-02-24
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
1732516 Helmuth Lutty C/O Fresh Del Monte Produce Inc.
Po Box 149222 FL 33114
Svp, Network Shipping & Ops 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 2,593 No 4 M Direct
Ordinary Shares Acquisiton 2020-02-20 1 $0.00 2,594 No 4 M Direct
Ordinary Shares Disposition 2020-02-20 120 $30.85 2,474 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
1,200 No 4 M Direct
82 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 1,200 1,200 Direct
Ordinary Shares Restricted Stock Units $0.00 800 800 Direct
Ordinary Shares Performance Stock Units $0.00 2,000 2,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
600 600 Direct
1,200 1,200 Direct
800 800 Direct
2,000 2,000 Direct
Footnotes
  1. The original Form 4, filed on February 24, 2020, is being amended solely to reflect the correct amounts of securities beneficially owned following the reported transactions. There were no other changes to the Form 4.
  2. Reflects shares sold for taxes payable upon the vesting of RSUs.
  3. The Restricted Stock Units ("RSUs") convert to Ordinary Shares on a one-for-one basis.
  4. RSUs were awarded on 2/20/19 and vested in five equal installments over four years. The remaining vestings of 400 shares will occur on each 2/20/20, 2/20/21, 2/20/22 and 2/20/23.
  5. 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.
  6. RSUs are granted under the Fresh Del Monte Produce Inc. 2014 Omnibus Share Incentive Plan. Each RSU represents a contingent right to receive one ordinary share of FDP. These RSUs awarded on 8/3/2016 will vest in five equal annual installments of which one is remaining on 8/3/2020.
  7. RSUs were awarded on 2/21/18 and vested in five equal installments over four years. The remaining vestings of 400 shares will occur on each 2/21/20, 2/21/21 and 2/21/22.
  8. The RSUs were awarded on 8/2/2017 and vest in five equal annual installments over four years of which two are remaining on each of 8/2/2020 and 8/2/2021.
  9. The Performance Stock Units ("PSUs") convert to Ordinary Shares on a one-for-one basis.
  10. The PSUs were subject to meeting minimum performance criteria set by the compensation Committee of the Board of Directors of FDP, which was met at 100%. The PSUs vest in three equal annual installments on each of 2/20/2020, 2/20/2021 and 2/20/2021. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.