RICE PAUL 4
4 · FRESH DEL MONTE PRODUCE INC · Filed Aug 2, 2018
Insider Transaction Report
Form 4
RICE PAUL
SVP, North America Operations
Transactions
- Sale
Ordinary Shares
2018-07-31$35.49/sh−1,314$46,634→ 1,836 total - Exercise/Conversion
Ordinary Shares
2018-07-31+3,150→ 3,150 total - Exercise/Conversion
Restricted Stock Units
2018-07-31−3,150→ 0 totalExercise: $40.55→ Ordinary Shares (3,150 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 7/30/2018 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]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 are fully vested.
- [F5]RSUs do not have an expiration date.