Home/Filings/4/0001047340-20-000299
4//SEC Filing

Jeifetz Martha V. 4

Accession 0001047340-20-000299

CIK 0001047340other

Filed

Sep 8, 8:00 PM ET

Accepted

Sep 9, 6:36 PM ET

Size

12.5 KB

Accession

0001047340-20-000299

Insider Transaction Report

Form 4
Period: 2020-09-04
Jeifetz Martha V.
SVP, Human Resources
Transactions
  • Award

    Dividend Equivalent Units

    2020-09-04+16.82573.746 total
    Ordinary Shares (16.825 underlying)
Holdings
  • Performance Stock Units

    Ordinary Shares (2,000 underlying)
    2,000
  • Restricted Stock Units

    Ordinary Shares (2,042 underlying)
    2,042
  • Ordinary Shares

    941
  • Restricted Stock Units

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

    Ordinary Shares (2,552 underlying)
    2,552
Footnotes (8)
  • [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]Reflects an increase of .0048 DEUs to correct an error in the number of DEUs previously reported.
  • [F3]The RSUs convert to Ordinary Shares on a one-for-one basis.
  • [F4]RSUs were awarded on 2/20/19 and vest in five equal installments over four years. The remaining vestings of 400 shares will occur on each 2/20/21, 2/20/22 and 2/20/23.
  • [F5]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.
  • [F6]The PSUs convert to Ordinary Shares on a one-for-one basis.
  • [F7]The PSUs were awarded on 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 2/20/2021. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
  • [F8]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 0001769391

Filing Metadata

Form type
4
Filed
Sep 8, 8:00 PM ET
Accepted
Sep 9, 6:36 PM ET
Size
12.5 KB