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Filing Details

Accession Number:: 0001047340-20-000070
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-02-25 20:51:33
Reporting Period:: 2020-02-21

Accepted Time:: 2020-02-25 20:51:33
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
1469680	Youssef Zakharia	C/O Fresh Del Monte Produce Inc. P.o. Box 14922 Coral Gables FL 33114	President And Coo	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Ordinary Shares	Acquisiton	2020-02-21	1,600	$0.00	10,885	No	4	M	Direct
Ordinary Shares	Acquisiton	2020-02-21	31	$0.00	10,916	No	4	M	Direct
Ordinary Shares	Disposition	2020-02-21	665	$28.50	10,251	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Ordinary Shares	Restricted Stock Units	Disposition	2020-02-21	1,600	$0.00	1,600	$0.00
Ordinary Shares	Dividend Equivalent Units	Disposition	2020-02-21	31	$0.00	31	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
3,200			No	4	M	Direct
2,532			No	4	M	Direct

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Amount	Remaning Holdings	Nature of Ownership
Ordinary Shares	Restricted Stock Units	$0.00	1,500	1,500	Direct
Ordinary Shares	Performance Stock Units	$0.00	14,208	14,208	Direct
Ordinary Shares	Restricted Stock Units	$0.00	12,000	12,000	Direct
Ordinary Shares	Performance Stock Units	$0.00	15,000	15,000	Direct

Amount	Remaning Holdings	Nature of Ownership
1,500	1,500	Direct
14,208	14,208	Direct
12,000	12,000	Direct
15,000	15,000	Direct

Footnotes

Reflects shares sold for taxes payable upon the vesting of RSUs.
The Restricted Stock Units ("RSUs") convert to Ordinary Shares on a one-for-one basis.
RSUs were awarded on 2/21/18 and vested in five equal installments over four years. The remaining vestings will occur on each 2/21/20, 2/21/21 and 2/21/22.
Dividend Equivalent Units (DEUs) were granted under the Fresh Del Monte Produce Inc. 2014 Omnibus Share Incentive Plan. Each DEU represents a contingent right to receive one ordinary share of FDP. The DEUs are subject to meeting minimum performance criteria set by the Compensation Committee of the Board of Directors of FDP. Provided such criteria are met, the DEUs will vest in three equal annual installments based on the underlying Restricted Stock Units (RSUs).
The RSUs were awarded on 8/3/2016 and vest in five equal installments over four years of which one is remaining on 8/3/2020.
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 was met at 88.8%. The PSUs vest in three equal annual installments on each of 2/22/2018, 2/22/2019 and 2/20/2020. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
RSUs were awarded on 2/20/19 and vested in five equal installments over four years. The remaining vestings will occur on 2/20/21, 2/20/22 and 2/20/23.
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.