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4//SEC Filing

Cerioli Annunciata 4

Accession 0001047340-20-000199

CIK 0001047340other

Filed

Jun 7, 8:00 PM ET

Accepted

Jun 8, 8:44 PM ET

Size

12.4 KB

Accession

0001047340-20-000199

Insider Transaction Report

Form 4
Period: 2020-06-05
Cerioli Annunciata
SVP Operations for NA
Transactions
  • Award

    Dividend Equivalent Units

    2020-06-05+19.18971.899 total
    Ordinary Shares (19.189 underlying)
Holdings
  • Ordinary Shares

    1,012
  • Performance Stock Units

    Ordinary Shares (3,063 underlying)
    3,063
  • Restricted Stock Units

    Ordinary Shares (1,200 underlying)
    1,200
  • Restricted Stock Units

    Ordinary Shares (2,451 underlying)
    2,451
  • Performance Stock Units

    Ordinary Shares (3,000 underlying)
    3,000
Footnotes (7)
  • [F1]Each Dividend Equivalent Unit ("DEUs") 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]The RSUs convert to Ordinary Shares on a one-for-one basis.
  • [F3]RSUs were awarded on 2/20/19 and vest in five equal installments over four years. The remaining vestings will occur on 2/20/21, 2/20/22 and 2/20/23.
  • [F4]Restricted Stock Units 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 PSUs convert to Ordinary Shares on a one-for-one basis.
  • [F6]The PSUs were awarded on 2/20/2019 subject to meeting minimum performance criteria, which was met at 100%. The PSUs earned vest in three equal annual installments on each of 2/20/2020, 2/20/2021 and 2/20/2022. PSUs and the associated Dividend Equivalent Units will settle on the six-month anniversary after termination of employment.
  • [F7]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.

Issuer

FRESH DEL MONTE PRODUCE INC

CIK 0001047340

Entity typeother

Related Parties

1
  • filerCIK 0001289661

Filing Metadata

Form type
4
Filed
Jun 7, 8:00 PM ET
Accepted
Jun 8, 8:44 PM ET
Size
12.4 KB