Filing Details

Accession Number:
0001047340-22-000166
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-06-06 17:50:47
Reporting Period:
2022-06-02
Accepted Time:
2022-06-06 17:50:47
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
1683907 Gianpaolo Renino C/O Fresh Del Monte Produce Inc.
Po Box 149222
Coral Gables FL 33114
V.p. Europe And Africa 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 2022-06-02 4,070 $25.10 4,287 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 $0.00 597 597 Direct
Ordinary Shares Restricted Stock Unit $0.00 400 400 Direct
Ordinary Shares Restricted Stock Units $0.00 777 777 Direct
Ordinary Shares Restricted Stock Units $0.00 2,010 2,010 Direct
Ordinary Shares Performance Stock Units $0.00 3,552 3,552 Direct
Ordinary Shares Performance Stock Units $0.00 3,000 3,000 Direct
Ordinary Shares Performance Stock Units $0.00 1,612 1,612 Direct
Ordinary Shares Performance Stock Units $0.00 2,742 2,742 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
597 597 Direct
400 400 Direct
777 777 Direct
2,010 2,010 Direct
3,552 3,552 Direct
3,000 3,000 Direct
1,612 1,612 Direct
2,742 2,742 Direct
Footnotes
  1. Represents the weighted average price of the shares purchased. The prices of the shares purchased pursuant to the transaction ranged from $25.07 to $25.15 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 purchased 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 Restricted Stock Units ("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 2/20/19 and vest in five equal installments over four years. The remaining vesting of 400 shares will occur on 2/20/23.
  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 2/22/2017 and subject to meeting minimum performance criteria 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.
  9. The PSUs were awarded on 2/20/2019 and 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.
  10. The PSUs were awarded on 3/2/2020 and 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.
  11. 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.