Home/Filings/4/0001047340-22-000269
4//SEC Filing

Mancilla Sergio 4

Accession 0001047340-22-000269

CIK 0001047340other

Filed

Sep 12, 8:00 PM ET

Accepted

Sep 13, 5:17 PM ET

Size

26.4 KB

Accession

0001047340-22-000269

Insider Transaction Report

Form 4
Period: 2022-09-09
Mancilla Sergio
VP South America
Transactions
  • Award

    Dividend Equivalent Units

    2022-09-09+211.4852,779.13 total
    Ordinary Shares (211.485 underlying)
Holdings
  • Performance Stock Units

    Ordinary Shares (4,000 underlying)
    4,000
  • Restricted Stock Units

    Ordinary Shares (200 underlying)
    200
  • Restricted Stock Units

    Ordinary Shares (1,732 underlying)
    1,732
  • Performance Stock Units

    Ordinary Shares (2,414 underlying)
    2,414
  • Ordinary Share

    638
  • Performance Stock Units

    Ordinary Shares (2,363 underlying)
    2,363
  • Performance Stock Units

    Ordinary Shares (4,750 underlying)
    4,750
  • Performance Stock Units

    Ordinary Shares (1,776 underlying)
    1,776
  • Restricted Stock Units

    Ordinary Shares (842 underlying)
    842
  • Restricted Stock Unit

    Ordinary Shares (1,529 underlying)
    1,529
  • Performance Stock Units

    Ordinary Shares (5,000 underlying)
    5,000
  • Performance Stock Units

    Ordinary Shares (2,000 underlying)
    2,000
  • Performance Stock Units

    Ordinary Shares (1,745 underlying)
    1,745
Footnotes (17)
  • [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 and/or performance criteria based on the underlying Restricted Stock Units ("RSUs") and/or Performance Stock Units ("PSUs") to which they relate.
  • [F10]The PSUs were awarded 2/19/2014 and subject to meeting minimum performance criteria which was met at 100%. The PSUs vested in three equal annual installments on each of 2/19/2015, 2/19/2016 and 2/19/2017. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
  • [F11]The PSUs were awarded 2/18/2015 and subject to meeting minimum performance criteria which was met at 95%. The PSUs vested in three equal annual installments on each of 2/18/2016, 2/18/2017 and 2/18/2018. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
  • [F12]The PSUs were awarded 2/24/2016 and subject to meeting minimum performance criteria which was met at 100%. The PSUs vested in three equal annual installments on each of 2/24/2017, 2/24/2018 and 2/24/2019. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
  • [F13]The PSUs were awarded on 2/22/2017 and subject to meeting minimum performance criteria which was met at 88.8%. The PSUs vested between 2/22/2018 and 2/22/2020. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
  • [F14]The PSUs were awarded 2/20/2019 and 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.
  • [F15]The PSUs were awarded on 3/2/2020 and 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.
  • [F16]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.
  • [F17]The PSUs were awarded on 6/15/2022 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 6/15/2023, 3/2/2024 and 3/2/2025. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
  • [F2]Reflects DEUs received by the Reporting Person as a result of dividend equivalents accrued with respect to outstanding RSUs and/or PSUs granted to the Reporting Person. Dividend equivalents are accrued at the same rate and at the same time as dividends are paid to Ordinary Shareholders. Dividend equivalents on RSUs and/or PSUs are subject to the same restrictions and vesting conditions as the underlying RSUs and/or PSUs.
  • [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 vesting will occur on 2/20/23.
  • [F5]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.
  • [F6]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.
  • [F7]RSUs were awarded on 6/15/2022 and vest in three equal installments over three years. The vestings will occur on 6/15/2023, 3/2/2024 and 3/2/2025.
  • [F8]The PSUs convert to Ordinary Shares on a one-for-one basis.
  • [F9]The PSUs were awarded 2/20/2013 and subject to meeting minimum performance criteria which was met at 100%. The PSUs vested in three equal annual installments on each of 2/20/2014, 2/20/2015 and 2/20/2016. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.

Issuer

FRESH DEL MONTE PRODUCE INC

CIK 0001047340

Entity typeother

Related Parties

1
  • filerCIK 0001545077

Filing Metadata

Form type
4
Filed
Sep 12, 8:00 PM ET
Accepted
Sep 13, 5:17 PM ET
Size
26.4 KB