4//SEC Filing
Jeifetz Martha V. 4
Accession 0001047340-20-000031
CIK 0001047340other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 9:47 PM ET
Size
13.9 KB
Accession
0001047340-20-000031
Insider Transaction Report
Form 4
Jeifetz Martha V.
SVP, Human Resources
Transactions
- Exercise/Conversion
Ordinary Shares
2020-02-20+400→ 919 total - Exercise/Conversion
Ordinary Shares
2020-02-20+1→ 920 total - Exercise/Conversion
Restricted Stock Units
2020-02-20−400→ 1,200 total→ Ordinary Shares (400 underlying) - Exercise/Conversion
Dividend Equivalent Units
2020-02-20−1→ 14.423 total→ Ordinary Shares (1 underlying) - Sale
Ordinary Shares
2020-02-20$30.85/sh−120$3,702→ 800 total
Holdings
- 2,000
Performance Stock Units
→ Ordinary Shares (2,000 underlying)
Footnotes (6)
- [F1]Reflects shares sold for taxes payable upon the vesting of RSUs.
- [F2]The Restricted Stock Units ("RSUs") convert to Ordinary Shares on a one-for-one basis.
- [F3]RSUs were awarded on 2/20/19 and vested in five equal installments over four years. The remaining vestings of 400 shares will occur on each 2/20/20, 2/20/21, 2/20/22 and 2/20/23.
- [F4]Each Dividend Equivalent Unit (DEU) represents a contingent right to receive one ordinary share of FDP. DEUs are subject to the same restrictions and vesting and/or performance criteria based on the underlying Restricted Stock Units (RSUs) and/or Performance Stock Units (PSUs) to which they relate.
- [F5]The Performance Stock Units ("PSUs") convert to Ordinary Shares on a one-for-one basis.
- [F6]The PSUs were subject to meeting minimum performance criteria set by the compensation Committee of the Board of Directors of FDP, which was met at 100%. The PSUs vest in three equal annual installments on each of 2/20/2020, 2/20/2021 and 2/20/2021. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
Documents
Issuer
FRESH DEL MONTE PRODUCE INC
CIK 0001047340
Entity typeother
Related Parties
1- filerCIK 0001769391
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 9:47 PM ET
- Size
- 13.9 KB