Filing Details

Accession Number:
0001047340-22-000053
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-03 17:15:49
Reporting Period:
2022-03-01
Accepted Time:
2022-03-03 17:15:49
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
1744926 Marlene Gordon C/O Fresh Del Monte Produce Inc.
Po Box 149222
Coral Gables FL 33114
Svp, General Counsel 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 2022-03-01 601 $0.00 3,901 No 4 M Direct
Ordinary Shares Acquisiton 2022-03-01 1,655 $0.00 5,556 No 4 M Direct
Ordinary Shares Acquisiton 2022-03-01 45 $0.00 5,601 No 4 M Direct
Ordinary Shares Disposition 2022-03-01 545 $26.21 5,056 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 2022-03-01 45 $0.00 45 $0.00
Ordinary Shares Restricted Stock Units Disposition 2022-03-01 601 $0.00 601 $0.00
Ordinary Shares Restricted Stock Units Disposition 2022-03-01 1,655 $0.00 1,655 $0.00
Ordinary Shares Performance Stock Units Disposition 2022-03-01 447 $0.00 447 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
338 No 4 M Direct
1,202 No 4 M Direct
3,317 No 4 M Direct
4,525 No 4 D Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Ordinary Shares Restricted Stock Units $0.00 400 400 Direct
Ordinary Shares Restricted Stock Units $0.00 400 400 Direct
Ordinary Shares Performance Stock Units $0.00 2,000 2,000 Direct
Ordinary Shares Performance Stock Units $0.00 2,495 2,495 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
400 400 Direct
400 400 Direct
2,000 2,000 Direct
2,495 2,495 Direct
Footnotes
  1. Reflects shares sold for taxes payable upon the vesting of Restricted Stock Units ("RSUs").
  2. 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 RSUs and/or Performance Stock Units ("PSUs") to which they relate.
  3. A fractional share of DEUs on the Restricted Stock Units vesting was paid in cash and 7.6656 DEUs were cancelled since performance criteria on underlying PSUs were met at 91%.
  4. The RSUs convert to Ordinary Shares on a one-for-one basis.
  5. RSUs were awarded 6/25/18 and vested in five equal installments over four years. The remaining vesting of 400 shares will occur on 6/25/22.
  6. RSUs were awarded on 2/20/19 and vest in five equal installments over four years. The remaining vesting of 400 shares will occur on 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 3/1/2023 and 3/1/2024.
  8. The RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The remaining vestings will occur on 3/1/2023 and 3/1/2024.
  9. The PSUs convert to Ordinary Shares on a one-for-one basis.
  10. 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 2/20/2022. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
  11. The PSUs were awarded on 3/2/2020 subject to meeting minimum performance criteria, which was met at 83%. 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.
  12. Since the performance criteria was met at 91%, 447 PSUs previously reported on Form 4 were cancelled.
  13. The PSUs were awarded on 3/1/2021 and subject to meeting minimum performance criteria which was met at 91%. Once earned, the PSUs vest in the PSUs vest in three equal annual installments on each of 3/1/2022, 3/1/2023 and 3/1/2024. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.