DALTON JOHN H 4
4 · FRESH DEL MONTE PRODUCE INC · Filed Sep 9, 2020
Insider Transaction Report
Form 4
DALTON JOHN H
Director
Transactions
- Award
Dividend Equivalent Units
2020-09-04+12.8→ 12.8 total→ Ordinary Shares (12.8 underlying)
Holdings
- 77,175
Ordinary Shares
- 3,113
Restricted Stock Units
→ Ordinary Shares (3,113 underlying)
Footnotes (3)
- [F1]Each Dividend Equivalent Unit ("DEUs") represent a contingent right to receive one ordinary share of FDP. DEUs are subject to the same restrictions and vesting criteria based on the underlying Restricted Stock Units ("RSUs") to which they relate.
- [F2]The RSUs convert to Ordinary Shares on a one-for-one basis.
- [F3]Represents a grant of RSUs for board service for the 2020-2021 term. 12.5% of these shares vest on each of July 31, 2020, October 31, 2020, February 28, 2021 and April 30, 2021, and the remaining 50% will vest upon the six-month anniversary of the date on which the recipient ceases to serve as a member of the Board of Directors.