Filing Details

Accession Number:
0001047340-21-000038
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-24 19:17:17
Reporting Period:
2021-02-22
Accepted Time:
2021-02-24 19:17:17
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Ordinary Shares Acquisiton 2021-02-22 4,000 $0.00 17,437 No 4 M Direct
Ordinary Shares Acquisiton 2021-02-22 1,600 $0.00 19,037 No 4 M Direct
Ordinary Shares Acquisiton 2021-02-22 114 $0.00 19,151 No 4 M Direct
Ordinary Shares Disposition 2021-02-22 1,851 $25.71 17,300 No 4 S Direct
Ordinary Shares Disposition 2021-02-22 735 $25.71 16,565 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
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 2021-02-22 114 $0.00 114 $0.00
Ordinary Shares Restricted Stock Units Disposition 2021-02-22 1,600 $0.00 1,600 $0.00
Ordinary Shares Restricted Stock Units Disposition 2021-02-22 4,000 $0.00 4,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,555 No 4 M Direct
1,600 No 4 M Direct
8,000 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 14,880 14,880 Direct
Ordinary Shares Performance Stock Units $0.00 5,000 5,000 Direct
Ordinary Shares Performance Stock Units $0.00 5,000 5,000 Direct
Ordinary Shares Performance Stock Units $0.00 5,000 5,000 Direct
Ordinary Shares Performance Stock Units $0.00 4,750 4,750 Direct
Ordinary Shares Performance Stock Units $0.00 4,000 4,000 Direct
Ordinary Shares Performance Stock Units $0.00 14,208 14,208 Direct
Ordinary Shares Performance Stock Units $0.00 15,000 15,000 Direct
Ordinary Shares Performance Stock Units $0.00 18,599 18,599 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
14,880 14,880 Direct
5,000 5,000 Direct
5,000 5,000 Direct
5,000 5,000 Direct
4,750 4,750 Direct
4,000 4,000 Direct
14,208 14,208 Direct
15,000 15,000 Direct
18,599 18,599 Direct
Footnotes
  1. Reflects shares sold for taxes payable upon the vesting of Restricted Share Units ("RSUs").
  2. Each Dividend Equivalent Unit ("DEUs") represent 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 Performance Stock Units ("PSUs") to which they relate.
  3. Upon the vesting of the Restricted Stock Units, a fractional share of related DEUs was paid in cash to the Reporting Person.
  4. The RSUs convert to Ordinary Shares on a one-for-one basis.
  5. RSUs were awarded on 2/21/18 and vest in five equal installments over four years. The remaining vesting will occur on 2/21/22.
  6. 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 2/20/22 and 2/20/23.
  7. 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.
  8. The PSUs convert to Ordinary Shares on a one-for-one basis.
  9. The PSUs were awarded 11/2/2011 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vest in three equal annual installments on each of 11/2/2012, 11/2/2013 and 11/2/2014. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
  10. The PSUs were awarded 2/20/2013 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vest in three equal annual installments on each of 2/20/2014, 2/20/2015 and 2/20/2016. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
  11. The PSUs were awarded 2/19/2014 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vest in three equal annual installments on each of 2/19/2015, 2/19/2016 and 2/19/2017. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
  12. The PSUs were awarded 2/18/2015 subject to meeting minimum performance criteria, which was met at 95%. The PSUs vest in three equal annual installments on each of 2/18/2016, 2/18/2017 and 2/18/2018. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
  13. The PSUs were awarded 2/24/2016 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vest in three equal annual installments on each of 2/24/2017, 2/24/2018 and 2/24/2019. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
  14. The PSUs were awarded on 2/22/2017 subject to meeting minimum performance criteria, which was met at 88.8%. The PSUs vest between 2/22/2018 and 2/22/2020, of which the last traunch vested on 2/22/2020. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
  15. The PSUs were awarded 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 2/20/2022. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
  16. 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.