4//SEC Filing
Dumas Danny 4
Accession 0001047340-20-000098
CIK 0001047340other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 9:20 PM ET
Size
21.8 KB
Accession
0001047340-20-000098
Insider Transaction Report
Form 4
Dumas Danny
SVP, NA Sales, Mkt & Prd Mgmt
Transactions
- Exercise/Conversion
Ordinary Shares
2020-03-02+554→ 3,480 total - Sale
Ordinary Shares
2020-03-02$28.32/sh−168$4,758→ 3,312 total - Award
Restricted Stock Units
2020-03-02+2,771→ 2,771 total→ Ordinary Shares (2,771 underlying) - Exercise/Conversion
Restricted Stock Units
2020-03-02−554→ 2,217 total→ Ordinary Shares (554 underlying) - Award
Performance Stock Units
2020-03-02+2,771→ 2,771 total→ Ordinary Shares (2,771 underlying)
Holdings
- 2,000
Performance Stock Units
→ Ordinary Shares (2,000 underlying) - 86.034
Dividend Equivalent Units
→ Ordinary Shares (86.034 underlying) - 1,000
Restricted Stock Units
→ Ordinary Shares (1,000 underlying) - 800
Restricted Stock Units
→ Ordinary Shares (800 underlying) - 600
Restricted Stock Units
→ Ordinary Shares (600 underlying) - 1,200
Restricted Stock Units
→ Ordinary Shares (1,200 underlying)
Footnotes (12)
- [F1]Vesting of first tranche of RSUs awarded 3/2/2020.
- [F10]RSUs were awarded on 2/20/2019 and vested in five equal installments over four years. The remaining vesting of 400 shares will occur on each 2/20/2020, 2/20/2021, 2/20/2022 and 2/20/2023.
- [F11]The PSUs were awarded 2/20/2019 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vest in three equal annual installments on each of 2/20/2020, 2/20/2021 and 2/20/2022. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
- [F12]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.
- [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 3/2/2020 and vest in five equal installments over four years. The remaining vestings will occur on 3/1/2021, 3/1/2022, 3/1/2023 and 3/1/2024.
- [F5]The Performance Stock Units ("PSUs") convert to Ordinary Shares on a one-for-one basis.
- [F6]The PSUs were awarded on 3/2/2020 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 3/1/2021, 3/1/2022 and 3/1/2023. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
- [F7]RSUs were awarded on 8/3/2016 and vested in five equal installments over four years. The final vesting of 1000 shares will occur on 8/3/2020.
- [F8]RSUs were awarded on 8/2/2017 and vested in five equal installments over four years. The remaining vesting of 400 shares will occur on 8/2/2020 and 8/2/2021.
- [F9]RSUs were awarded on 2/21/2018 and vested in five equal installments over four years. The remaining vesting of 300 shares will occur on each 2/21/2020, 2/21/2021 and 2/21/2022.
Documents
Issuer
FRESH DEL MONTE PRODUCE INC
CIK 0001047340
Entity typeother
Related Parties
1- filerCIK 0001769737
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 9:20 PM ET
- Size
- 21.8 KB