4//SEC Filing
Cerioli Annunciata 4
Accession 0001047340-21-000033
CIK 0001047340other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 7:15 PM ET
Size
16.9 KB
Accession
0001047340-21-000033
Insider Transaction Report
Form 4
Cerioli Annunciata
SVP Operations for NA
Transactions
- Sale
Ordinary Shares
2021-02-22$25.71/sh−124$3,188→ 1,294 total - Exercise/Conversion
Restricted Stock Units
2021-02-22−400→ 800 total→ Ordinary Shares (400 underlying) - Exercise/Conversion
Ordinary Shares
2021-02-22+400→ 1,412 total - Exercise/Conversion
Ordinary Shares
2021-02-22+6→ 1,418 total - Exercise/Conversion
Dividend Equivalent Units
2021-02-22−6→ 124.48 total→ Ordinary Shares (6 underlying)
Holdings
- 2,451
Restricted Stock Units
→ Ordinary Shares (2,451 underlying) - 3,000
Performance Stock Units
→ Ordinary Shares (3,000 underlying) - 3,063
Performance Stock Units
→ Ordinary Shares (3,063 underlying)
Footnotes (9)
- [F1]Reflects shares sold for taxes payable upon the vesting of Restricted Stock Units ("RSUs").
- [F2]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 RSUs and/or Performance Stock Units ("PSUs") to which they relate.
- [F3]Upon the vesting of the RSUs, a fractional share of related DEUs was paid in cash to the Reporting Person.
- [F4]The RSUs convert to Ordinary Shares on a one-for-one basis.
- [F5]RSUs were awarded on 2/20/19 and vest in five equal installments over four years. The remaining vestings will occur on 2/20/22 and 2/20/23.
- [F6]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.
- [F7]The PSUs convert to Ordinary Shares on a one-for-one basis.
- [F8]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.
- [F9]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
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 7:15 PM ET
- Size
- 16.9 KB