FRESH DEL MONTE PRODUCE INC·4/A

Feb 25, 4:46 PM ET

Jeifetz Martha V. 4/A

4/A · FRESH DEL MONTE PRODUCE INC · Filed Feb 25, 2020

Insider Transaction Report

Form 4/AAmended
Period: 2020-02-20
Jeifetz Martha V.
SVP, Human Resources
Transactions
  • Exercise/Conversion

    Ordinary Shares

    2020-02-20+400705 total
  • Exercise/Conversion

    Ordinary Shares

    2020-02-20+1706 total
  • Sale

    Ordinary Shares

    2020-02-20$30.85/sh120$3,702586 total
  • Exercise/Conversion

    Restricted Stock Units

    2020-02-204001,200 total
    Ordinary Shares (400 underlying)
  • Exercise/Conversion

    Dividend Equivalent Units

    2020-02-20114.423 total
    Ordinary Shares (1 underlying)
Holdings
  • Performance Stock Units

    Ordinary Shares (2,000 underlying)
    2,000
Footnotes (7)
  • [F1]The original Form 4, filed on February 24, 2020, is being amended solely to reflect the correct amounts of securities beneficially owned following the reported transactions. There were no other changes to the Form 4.
  • [F2]Reflects shares sold for taxes payable upon the vesting of RSUs.
  • [F3]The Restricted Stock Units ("RSUs") convert to Ordinary Shares on a one-for-one basis.
  • [F4]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.
  • [F5]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.
  • [F6]The Performance Stock Units ("PSUs") convert to Ordinary Shares on a one-for-one basis.
  • [F7]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

1 file
  • 4
    wf-form4a_158266718311241.xml

    FORM 4/A