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4//SEC Filing

FRESH DEL MONTE PRODUCE INC 4

Accession 0001047340-16-000684

$FDPCIK 0001047340operating

Filed

Dec 12, 7:00 PM ET

Accepted

Dec 13, 4:34 PM ET

Size

6.3 KB

Accession

0001047340-16-000684

Insider Transaction Report

Form 4
Period: 2016-12-09
EL-NAFFY HANI
DirectorPresident and COO
Transactions
  • Award

    Dividend Equivalent Units

    2016-12-09+428428 total
    Exercise: $61.09Ordinary Shares (174,296 underlying)
Footnotes (4)
  • [F1]Dividend Equivalent Units (DEUs) were granted under the Fresh Del Monte Produce Inc. 2014 Omnibus Share Incentive Plan. Each DEU represents a contingent right to receive one ordinary share of FDP. DEUs are subject to vesting and/or performance criteria based on the underlying Performance Stock Units (PSUs). Certain DEUs are subject to meeting minimum performance criteria set by the Compensation Committee of the Board of Directors of FDP.
  • [F2]Reflects DEUs received by the Reporting Person as a result of dividend equivalents accrued with respect to outstanding PSUs granted to the Reporting Person. Dividend equivalents are accrued at the same rate and at the same time as dividends are paid to Ordinary Shareholders. Dividend equivalents on PSUs are subject to the same restrictions and vesting conditions as the underlying PSUs.
  • [F3]DEUs do not have an expiration date.
  • [F4]All of these PSUs are fully vested.

Issuer

FRESH DEL MONTE PRODUCE INC

CIK 0001047340

Entity typeoperating
IncorporatedCayman Islands

Related Parties

1
  • filerCIK 0001047340

Filing Metadata

Form type
4
Filed
Dec 12, 7:00 PM ET
Accepted
Dec 13, 4:34 PM ET
Size
6.3 KB