Filing Details

Accession Number:
0001047340-23-000060
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-03-10 17:15:34
Reporting Period:
2023-03-09
Accepted Time:
2023-03-10 17:15:34
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
1769375 Hans Sauter C/O Fresh Del Monte Produce Inc.,
241 Sevilla Avenue
Coral Gables FL 33114
Svp, R&D And Agriculture 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 2023-03-09 1,499 $30.76 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 $0.00 470 470 Direct
Ordinary Shares Restricted Stock Units $0.00 511 511 Direct
Ordinary Shares Restricted Stock Units $0.00 1,136 1,136 Direct
Ordinary Shares Restricted Stock Units $0.00 2,940 2,940 Direct
Ordinary Shares Performance Stock Units $0.00 2,000 2,000 Direct
Ordinary Shares Performance Stock Units $0.00 2,119 2,119 Direct
Ordinary Shares Performance Stock Units $0.00 3,094 3,094 Direct
Ordinary Shares Performance Stock Units $0.00 3,609 3,609 Direct
Ordinary Shares Performance Stock Units $0.00 2,940 2,940 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
470 470 Direct
511 511 Direct
1,136 1,136 Direct
2,940 2,940 Direct
2,000 2,000 Direct
2,119 2,119 Direct
3,094 3,094 Direct
3,609 3,609 Direct
2,940 2,940 Direct
Footnotes
  1. 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.
  2. The RSUs convert to Ordinary Shares on a one-for-one basis.
  3. RSUs were awarded on 3/2/2020 and vest in five equal installments over four years. The remaining vesting will occur on 3/1/2024.
  4. The RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The remaining vesting will occur on 3/1/2024.
  5. 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.
  6. The PSUs convert to Ordinary Shares on a one-for-one basis.
  7. 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.
  8. The PSUs were awarded on 3/2/2020 and subject to meeting minimum performance criteria which was met at 83%. 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.
  9. 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 installment 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.