Filing Details

Accession Number:
0001047340-22-000064
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-10 20:28:22
Reporting Period:
2022-03-08
Accepted Time:
2022-03-10 20:28:22
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
1769771 Guarita Eduardo Bezerra C/O Fresh Del Monte Produce Inc.
P.o. Box 149222
Coral Gables FL 33114
Svp And Cfo 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 Disposition 2022-03-08 4,527 $26.18 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Ordinary Shares Dividend Equivalent Units $0.00 348 348 Direct
Ordinary Shares Restricted Stock Units $0.00 2,000 2,000 Direct
Ordinary Shares Restricted Stock Units $0.00 1,153 1,153 Direct
Ordinary Shares Restricted Stock Units $0.00 2,559 2,559 Direct
Ordinary Shares Performance Stock Units $0.00 2,250 2,250 Direct
Ordinary Shares Performance Stock Units $0.00 2,392 2,392 Direct
Ordinary Shares Performance Stock Units $0.00 3,491 3,491 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
348 348 Direct
2,000 2,000 Direct
1,153 1,153 Direct
2,559 2,559 Direct
2,250 2,250 Direct
2,392 2,392 Direct
3,491 3,491 Direct
Footnotes
  1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $26.14 to $26.35 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
  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. The RSUs convert to Ordinary Shares on a one-for-one basis.
  4. RSUs were awarded on 3/25/2019 and vest in five equal installments over four years. The remaining vestings will occur on 3/25/2022 and 3/25/23.
  5. 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.
  6. 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.
  7. The PSUs convert to Ordinary Shares on a one-for-one basis.
  8. The PSUs were awarded on 7/31/2019 and subject to meeting minimum performance criteria which was met at 100%. Once earned, the PSUs vest in three equal annual installments on each of 7/31/2020, 7/31/2021 and 7/31/2022. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
  9. 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.
  10. 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 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.