4//SEC Filing
RICE PAUL 4
Accession 0001047340-17-000208
CIK 0001047340other
Filed
Aug 7, 8:00 PM ET
Accepted
Aug 8, 3:43 PM ET
Size
9.4 KB
Accession
0001047340-17-000208
Insider Transaction Report
Form 4
RICE PAUL
SVP, North America Operations
Transactions
- Exercise/Conversion
Ordinary Shares
2017-08-04+2,021→ 2,021 total - Sale
Ordinary Shares
2017-08-04$49.77/sh−741$36,880→ 1,280 total - Exercise/Conversion
Restricted Stock Units
2017-08-04+2,021→ 6,063 totalExercise: $59.83→ Ordinary Shares (2,021 underlying)
Footnotes (5)
- [F1]Transaction Date reflects the date on which the Sell to Cover and conversion of the Restricted Stock Units (RSU), which vested on 8/3/2017, 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 withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
- [F4]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. The RSUs vest in five equal annual installments of which three are remaining on each of 8/3/2018, 8/3/2019 and 8/3/2020.
- [F5]RSUs do not have an expiration date.
Documents
Issuer
FRESH DEL MONTE PRODUCE INC
CIK 0001047340
Entity typeother
Related Parties
1- filerCIK 0001416758
Filing Metadata
- Form type
- 4
- Filed
- Aug 7, 8:00 PM ET
- Accepted
- Aug 8, 3:43 PM ET
- Size
- 9.4 KB