Filing Details

Accession Number:
0001047340-23-000055
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-03-03 17:53:15
Reporting Period:
2023-03-01
Accepted Time:
2023-03-03 17:53:15
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
1919356 Ahmad Tarek Betti C/O Fresh Del Monte Produce Inc
241 Sevilla Avenue
Coral Gables FL 33134
Chief Human Resources Officer 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 2023-03-01 711 $0.00 711 No 4 M Direct
Ordinary Shares Acquisiton 2023-03-01 29 $0.00 740 No 4 M Direct
Ordinary Shares Disposition 2023-03-01 222 $31.58 518 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 2023-03-01 29 $0.00 29 $0.00
Ordinary Shares Restricted Stock Unit Disposition 2023-03-01 711 $0.00 711 $0.00
Ordinary Shares Restricted Stock Units Acquisiton 2023-03-02 3,037 $0.00 3,037 $0.00
Ordinary Shares Performance Stock Units Acquisiton 2023-03-02 3,037 $0.00 3,037 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
162 No 4 M Direct
714 No 4 M Direct
3,037 No 4 A Direct
3,037 No 4 A 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 1,631 1,631 Direct
Ordinary Shares Performance Stock Units $0.00 1,943 1,943 Direct
Ordinary Shares Performance Stock Units $0.00 2,982 2,982 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
1,631 1,631 Direct
1,943 1,943 Direct
2,982 2,982 Direct
Footnotes
  1. Reflects shares sold for taxes payable upon the vesting of Restricted Stock 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. .1749 DEUs were deducted from the total due to fractional shares being paid in cash.
  4. The RSUs convert to Ordinary Shares on a one-for-one basis.
  5. The RSUs were awarded on 3/1/2021 and vest in three equal installment over three years. The remaining vesting will occur on 3/1/2024.
  6. The RSUs were awarded on 6/15/2022 and vest in three equal installments over three years. The vestings will occur on 6/15/2023, 3/2/2024 and 3/2/2025.
  7. The RSUs were awarded on 3/2/2023 and vest in three equal installments on 3/2/2024, 3/2/2025 and 3/2/2026.
  8. The PSUs convert to Ordinary Shares on a one-for-one basis.
  9. The PSUs were awarded on 3/1/2021 and are 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.
  10. The PSUs were awarded on 6/15/2022 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 6/15/2023, 3/2/2024 and 3/2/2025.
  11. The PSUs were awarded on 3/2/2023 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 3/2/2024, 3/2/2025 and 3/2/2026.