CONTRERAS RICHARD 4
4 · FRESH DEL MONTE PRODUCE INC · Filed Aug 8, 2018
Insider Transaction Report
Form 4
CONTRERAS RICHARD
SVP and CFO
Transactions
- Sale
Ordinary Shares
2018-08-06$37.43/sh−625$23,394→ 3,380 total - Exercise/Conversion
Ordinary Shares
2018-08-06+1,536→ 4,005 total - Exercise/Conversion
Restricted Stock Units
2018-08-06−1,536→ 3,072 totalExercise: $37.55→ Ordinary Shares (1,536 underlying)
Footnotes (5)
- [F1]Transaction Date reflect the dates on which the Sell to Cover and conversion of the Restricted Stock Units (RSUs), which vested on August 03, 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 withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
- [F4]RSUs 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 remaining RSUs will vest in two equal annual installments on each of 8/03/2019 and 8/03/2020.
- [F5]RSUs do not have an expiration date.