Filing Details
- Accession Number:
- 0001047340-20-000254
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-08-05 18:18:50
- Reporting Period:
- 2020-08-03
- Accepted Time:
- 2020-08-05 18:18:50
- 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 |
|---|---|---|---|---|---|---|---|
| 1769375 | Hans Sauter | C/O Fresh Del Monte Produce Inc., Po Box 149222 Coral Gables FL 33114 | Svp, R&D And Agriculture | 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 | 2020-08-03 | 55 | $0.00 | 2,688 | No | 4 | M | Direct | |
| Ordinary Shares | Acquisiton | 2020-08-03 | 400 | $0.00 | 3,088 | No | 4 | M | Direct | |
| Ordinary Shares | Acquisiton | 2020-08-03 | 1,000 | $0.00 | 4,088 | No | 4 | M | Direct | |
| Ordinary Shares | Disposition | 2020-08-03 | 345 | $23.13 | 3,743 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| 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 | Dividend Equivalent Units | Disposition | 2020-08-03 | 55 | $0.00 | 55 | $0.00 |
| Ordinary Shares | Restricted Stock Units | Disposition | 2020-08-03 | 400 | $0.00 | 400 | $0.00 |
| Ordinary Shares | Restricted Stock Units | Disposition | 2020-08-03 | 1,000 | $0.00 | 1,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 91 | No | 4 | M | Direct | ||
| 400 | No | 4 | M | Direct | ||
| 0 | 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 | 800 | 800 | Direct | ||
| Ordinary Shares | Restricted Stock Units | $0.00 | 1,200 | 1,200 | Direct | ||
| Ordinary Shares | Restricted Stock Units | $0.00 | 2,042 | 2,042 | Direct | ||
| Ordinary Shares | Performance Stock Units | $0.00 | 2,000 | 2,000 | Direct | ||
| Ordinary Shares | Performance Stock Units | $0.00 | 2,552 | 0 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 800 | 800 | Direct | |
| 1,200 | 1,200 | Direct | |
| 2,042 | 2,042 | Direct | |
| 2,000 | 2,000 | Direct | |
| 2,552 | 0 | Direct |
Footnotes
- Represents settlement of Dividend Equivalent Units (DEUs) associated with the Restricted Stock Units (RSUs) or Performance Stock Units (PSUs) vested.
- Vesting of fourth tranche of RSUs awarded on 8/2/2017.
- Vesting of final tranche of RSUs awarded on 8/3/2016.
- Reflects shares sold for taxes payable upon the vesting of RSUs.
- Each 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 RSUs and/or PSUs to which they relate.
- The RSUs convert to Ordinary Shares on a one-for-one basis.
- The RSUs were awarded on 8/2/2017 and vest in five equal annual installments over four years of which one is remaining on 8/2/2021.
- 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.
- RSUs were awarded on 2/21/18 and vest 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.
- RSUs were awarded on 2/20/19 and vest in five equal installments over four years. The remaining vestings of 400 shares will occur on each 2/20/21, 2/20/22 and 2/20/23.
- RSUs were awarded on 3/2/2020 and vest in five equal installments over four years. The remaining vestings will occur on 3/1/2021, 3/1/2022, 3/1/2023 and 3/1/2024.
- The PSUs convert to Ordinary Shares on a one-for-one basis.
- The PSUs were awarded on 2/20/2019 subject to meeting minimum performance criteria, 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.
- The PSUs were awarded on 3/2/2020 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 3/1/2021, 3/1/2022 and 3/1/2023. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
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