4//SEC Filing
Dumas Danny 4
Accession 0001047340-20-000076
CIK 0001047340other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 8:53 PM ET
Size
18.1 KB
Accession
0001047340-20-000076
Insider Transaction Report
Form 4
Dumas Danny
SVP, NA Sales, Mkt & Prd Mgmt
Transactions
- Sale
Ordinary Shares
2020-02-21$28.50/sh−91$2,594→ 2,926 total - Exercise/Conversion
Dividend Equivalent Units
2020-02-21−5→ 86.034 total→ Ordinary Shares (5 underlying) - Exercise/Conversion
Ordinary Shares
2020-02-21+300→ 3,012 total - Exercise/Conversion
Ordinary Shares
2020-02-21+5→ 3,017 total - Exercise/Conversion
Restricted Stock Units
2020-02-21−300→ 600 total→ Ordinary Shares (300 underlying)
Holdings
- 1,000
Restricted Stock Units
→ Ordinary Shares (1,000 underlying) - 800
Restricted Stock Units
→ Ordinary Shares (800 underlying) - 2,000
Performance Stock Units
→ Ordinary Shares (2,000 underlying) - 1,200
Restricted Stock Units
→ Ordinary Shares (1,200 underlying)
Footnotes (9)
- [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 2/21/18 and vested in five equal installments over four years. The remaining vesting will occur on each 2/21/20, 2/21/21 and 2/21/22.
- [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]RSUs were awarded on 2/20/19 and vested in five equal installments over four years. The remaining vesting of 400 shares will occur on each 2/20/20, 2/20/21, 2/20/22 and 2/20/23.
- [F6]RSUs were awarded on 8/3/16 and vested in five equal installments over four years. The final vesting of 1000 shares will occur on 8/3/20.
- [F7]The Performance Stock Units ("PSUs") convert to Ordinary Shares on a one-for-one basis.
- [F8]The PSUs were subject to meeting minimum performance criteria set by the Compensation Committee of the Board of Directors of FDP, which were met at 100%. The PSUs earned vest in three equal annual installments on each of 7/31/2020, 7/31/2021 and 7/31/2022. PSUs and associated DEUs will settled on the six-month anniversary after termination of employment.
- [F9]RSUs were awarded on 8/2/17 and vested in five equal installments over four years. The remaining vesting of 400 shares will occur on 8/2/20 and 8/2/21.
Documents
Issuer
FRESH DEL MONTE PRODUCE INC
CIK 0001047340
Entity typeother
Related Parties
1- filerCIK 0001769737
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 8:53 PM ET
- Size
- 18.1 KB