Filing Details
- Accession Number:
- 0001047340-23-000197
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-08-09 17:34:47
- Reporting Period:
- 2023-08-08
- Accepted Time:
- 2023-08-09 17:34:47
- 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 |
|---|---|---|---|---|---|---|---|
| 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 | Disposition | 2023-08-08 | 420 | $28.18 | 747 | 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 | 292 | 292 | Direct | ||
| Ordinary Shares | Restricted Stock Unit | $0.00 | 714 | 714 | Direct | ||
| Ordinary Shares | Restricted Stock Units | $0.00 | 1,093 | 1,093 | Direct | ||
| Ordinary Shares | Restricted Stock Units | $0.00 | 3,037 | 3,037 | Direct | ||
| Ordinary Shares | Performance Stock Units | $0.00 | 1,943 | 1,943 | Direct | ||
| Ordinary Shares | Performance Stock Units | $0.00 | 1,944 | 1,944 | Direct | ||
| Ordinary Shares | Performance Stock Units | $0.00 | 3,037 | 3,037 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 292 | 292 | Direct | |
| 714 | 714 | Direct | |
| 1,093 | 1,093 | Direct | |
| 3,037 | 3,037 | Direct | |
| 1,943 | 1,943 | Direct | |
| 1,944 | 1,944 | Direct | |
| 3,037 | 3,037 | Direct |
Footnotes
- Represents the weighted average price of the shares purchased. The prices of the shares purchased pursuant to the transaction ranged from $28.16 to $28.21 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.
- Each Dividend Equivalent Unit ("DEUs") represents a contingent right to receive one Ordinary Share of the Issuer. 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.
- The RSUs convert to Ordinary Shares on a one-for-one basis.
- 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.
- The RSUs were awarded on 6/15/2022 and vest in three equal installments over three years. The remaining vestings will occur on 3/2/2024 and 3/2/2025.
- 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.
- The PSUs convert to Ordinary Shares on a one-for-one basis.
- The PSUs were awarded on 3/1/2021 and are subject to meeting minimum performance criteria which was met at 91%. The PSUs vest in three equal annual installments. The remaining vesting will occur on 3/1/2024. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
- The PSUs were awarded on 6/15/2022 and are subject to meeting minimum performance criteria which was met at 97.3%. The PSUs vest in three equal annual installments. The remaining vestings will occur on 3/2/2024 and 3/2/2025.
- 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.
Billionaire Hedge Funds
