4//SEC Filing
FRESH DEL MONTE PRODUCE INC 4
Accession 0001047340-16-000660
$FDPCIK 0001047340operating
Filed
Nov 6, 7:00 PM ET
Accepted
Nov 7, 2:21 PM ET
Size
17.3 KB
Accession
0001047340-16-000660
Insider Transaction Report
Form 4
EL-NAFFY HANI
DirectorPresident and COO
Transactions
- Exercise/Conversion
Restricted Stock Units
2016-11-03−40,104→ 0 totalExercise: $59.83→ Ordinary Shares (40,104 underlying) - Exercise/Conversion
Restricted Stock Units
2016-11-03−50,000→ 0 totalExercise: $64.58→ Ordinary Shares (50,000 underlying) - Sale
Ordinary Shares
2016-11-03$60.93/sh−75,821$4,619,774→ 0 total - Exercise/Conversion
Restricted Stock Units
2016-11-03−30,417→ 0 totalExercise: $40.03→ Ordinary Shares (30,417 underlying) - Exercise/Conversion
Ordinary Shares
2016-11-03+141,085→ 141,085 total - Sale
Ordinary Shares
2016-11-03$58.62/sh−65,264$3,825,776→ 75,821 total - Exercise/Conversion
Restricted Stock Units
2016-11-03−20,564→ 0 totalExercise: $29.99→ Ordinary Shares (20,564 underlying)
Footnotes (6)
- [F1]Transaction Date reflects the date on which the Sell to Cover and conversion of the Restricted Stock Units (RSU), which vested on 11/2/16 occurred.
- [F2]Represents the number of ordinary shares that were acquired in connection with the settlement of the RSUs listed in Table II.
- [F3]Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of the RSUs listed in Table II. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax witholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
- [F4]This represents the weighted average sales price of the shares. The shares were sold at a price ranging from $60.57 to $62. Mr. El-Naffy will provide, upon request of the SEC staff, Fresh Del Monte Produce, or a shareholder of Fresh Del Monte Produce Inc. complete information regarding the number of shares sold at each price within the range.
- [F5]RSUs are granted under the Fresh Del Monte Produce Inc. 2014 Omnibus Share Incentive Plan. Each RSU represents a contingent right to receive one ordinary share of FDP. All RSUs are fully vested.
- [F6]RSUs do not have an expiration date.
Documents
Issuer
FRESH DEL MONTE PRODUCE INC
CIK 0001047340
Entity typeoperating
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001047340
Filing Metadata
- Form type
- 4
- Filed
- Nov 6, 7:00 PM ET
- Accepted
- Nov 7, 2:21 PM ET
- Size
- 17.3 KB