4//SEC Filing
Cerioli Annunciata 4
Accession 0001047340-20-000309
CIK 0001047340other
Filed
Sep 8, 8:00 PM ET
Accepted
Sep 9, 6:40 PM ET
Size
12.5 KB
Accession
0001047340-20-000309
Insider Transaction Report
Form 4
Cerioli Annunciata
SVP Operations for NA
Transactions
- Award
Dividend Equivalent Units
2020-09-04+20.974→ 92.875 total→ Ordinary Shares (20.974 underlying)
Holdings
- 2,451
Restricted Stock Units
→ Ordinary Shares (2,451 underlying) - 1,012
Ordinary Shares
- 1,200
Restricted Stock Units
→ Ordinary Shares (1,200 underlying) - 3,063
Performance Stock Units
→ Ordinary Shares (3,063 underlying) - 3,000
Performance Stock Units
→ Ordinary Shares (3,000 underlying)
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 .0030 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 will occur on 2/20/21, 2/20/22 and 2/20/23.
- [F5]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.
- [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 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.
- [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.
Documents
Issuer
FRESH DEL MONTE PRODUCE INC
CIK 0001047340
Entity typeother
Related Parties
1- filerCIK 0001289661
Filing Metadata
- Form type
- 4
- Filed
- Sep 8, 8:00 PM ET
- Accepted
- Sep 9, 6:40 PM ET
- Size
- 12.5 KB