4//SEC Filing
Gordon Marlene 4
Accession 0001047340-22-000053
CIK 0001047340other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 5:15 PM ET
Size
24.4 KB
Accession
0001047340-22-000053
Insider Transaction Report
Form 4
Gordon Marlene
SVP, General Counsel
Transactions
- Exercise/Conversion
Ordinary Shares
2022-03-01+1,655→ 5,556 total - Sale
Ordinary Shares
2022-03-01$26.21/sh−545$14,284→ 5,056 total - Exercise/Conversion
Restricted Stock Units
2022-03-01−601→ 1,202 total→ Ordinary Shares (601 underlying) - Exercise/Conversion
Restricted Stock Units
2022-03-01−1,655→ 3,317 total→ Ordinary Shares (1,655 underlying) - Exercise/Conversion
Ordinary Shares
2022-03-01+601→ 3,901 total - Exercise/Conversion
Ordinary Shares
2022-03-01+45→ 5,601 total - Exercise/Conversion
Dividend Equivalent Units
2022-03-01−45→ 338.482 total→ Ordinary Shares (45 underlying) - Disposition to Issuer
Performance Stock Units
2022-03-01−447→ 4,525 total→ Ordinary Shares (447 underlying)
Holdings
- 400
Restricted Stock Units
→ Ordinary Shares (400 underlying) - 400
Restricted Stock Units
→ Ordinary Shares (400 underlying) - 2,000
Performance Stock Units
→ Ordinary Shares (2,000 underlying) - 2,495
Performance Stock Units
→ Ordinary Shares (2,495 underlying)
Footnotes (13)
- [F1]Reflects shares sold for taxes payable upon the vesting of Restricted Stock Units ("RSUs").
- [F10]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 2/20/2022. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
- [F11]The PSUs were awarded on 3/2/2020 subject to meeting minimum performance criteria, which was met at 83%. 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.
- [F12]Since the performance criteria was met at 91%, 447 PSUs previously reported on Form 4 were cancelled.
- [F13]The PSUs were awarded on 3/1/2021 and subject to meeting minimum performance criteria which was met at 91%. Once earned, the PSUs vest in the PSUs vest in three equal annual installments on each of 3/1/2022, 3/1/2023 and 3/1/2024. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
- [F2]Each Dividend Equivalent Unit ("DEU") 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]A fractional share of DEUs on the Restricted Stock Units vesting was paid in cash and 7.6656 DEUs were cancelled since performance criteria on underlying PSUs were met at 91%.
- [F4]The RSUs convert to Ordinary Shares on a one-for-one basis.
- [F5]RSUs were awarded 6/25/18 and vested in five equal installments over four years. The remaining vesting of 400 shares will occur on 6/25/22.
- [F6]RSUs were awarded on 2/20/19 and vest in five equal installments over four years. The remaining vesting of 400 shares will occur on 2/20/23.
- [F7]RSUs were awarded on 3/2/2020 and vest in five equal installments over four years. The remaining vestings will occur on 3/1/2023 and 3/1/2024.
- [F8]The RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The remaining vestings will occur on 3/1/2023 and 3/1/2024.
- [F9]The PSUs convert to Ordinary Shares on a one-for-one basis.
Documents
Issuer
FRESH DEL MONTE PRODUCE INC
CIK 0001047340
Entity typeother
Related Parties
1- filerCIK 0001744926
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 5:15 PM ET
- Size
- 24.4 KB