4//SEC Filing
Lutty Helmuth 4
Accession 0001047340-22-000190
CIK 0001047340other
Filed
Jun 13, 8:00 PM ET
Accepted
Jun 14, 7:09 PM ET
Size
15.2 KB
Accession
0001047340-22-000190
Insider Transaction Report
Form 4
Lutty Helmuth
SVP, Network Shipping & Ops
Transactions
- Award
Dividend Equivalent Units
2022-06-10+70.78→ 403.456 total→ Ordinary Shares (70.78 underlying)
Holdings
- 400
Restricted Stock Units
→ Ordinary Shares (400 underlying) - 2,332
Restricted Stock Units
→ Ordinary Shares (2,332 underlying) - 2,179
Performance Stock Units
→ Ordinary Shares (2,179 underlying) - 7,159
Ordinary Shares
- 1,050
Restricted Stock Units
→ Ordinary Shares (1,050 underlying) - 2,000
Performance Stock Units
→ Ordinary Shares (2,000 underlying) - 3,182
Performance Stock Units
→ Ordinary Shares (3,182 underlying)
Footnotes (9)
- [F1]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 Restricted Stock Units ("RSUs") and/or Performance Stock Units ("PSUs") to which they relate.
- [F2]The RSUs convert to Ordinary Shares on a one-for-one basis.
- [F3]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 2/20/2023.
- [F4]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.
- [F5]The RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The vestings will occur on each 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 2/20/2022. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
- [F8]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.
- [F9]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 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.
Documents
Issuer
FRESH DEL MONTE PRODUCE INC
CIK 0001047340
Entity typeother
Related Parties
1- filerCIK 0001732516
Filing Metadata
- Form type
- 4
- Filed
- Jun 13, 8:00 PM ET
- Accepted
- Jun 14, 7:09 PM ET
- Size
- 15.2 KB