4//SEC Filing
Lutty Helmuth 4
Accession 0001047340-23-000048
CIK 0001047340other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 5:49 PM ET
Size
23.5 KB
Accession
0001047340-23-000048
Insider Transaction Report
Form 4
Lutty Helmuth
SVP, Network Shipping & Ops
Transactions
- Exercise/Conversion
Ordinary Shares
2023-03-01+1,164→ 1,985 total - Exercise/Conversion
Ordinary Shares
2023-03-01+74→ 2,059 total - Sale
Ordinary Shares
2023-03-01$31.58/sh−526$16,611→ 1,533 total - Exercise/Conversion
Dividend Equivalent Units
2023-03-01−74→ 503.338 total→ Ordinary Shares (74 underlying) - Exercise/Conversion
Restricted Stock Units
2023-03-01−525→ 525 total→ Ordinary Shares (525 underlying) - Exercise/Conversion
Restricted Stock Units
2023-03-01−1,164→ 1,168 total→ Ordinary Shares (1,164 underlying) - Exercise/Conversion
Ordinary Shares
2023-03-01+525→ 821 total
Holdings
- 2,174
Restricted Stock Units
→ Ordinary Shares (2,174 underlying) - 2,000
Performance Stock Units
→ Ordinary Shares (2,000 underlying) - 2,179
Performance Stock Units
→ Ordinary Shares (2,179 underlying) - 3,182
Performance Stock Units
→ Ordinary Shares (3,182 underlying) - 3,574
Performance Stock Units
→ Ordinary Shares (3,574 underlying)
Footnotes (12)
- [F1]Reflects shares sold for taxes payable upon the vesting of Restricted Stock Units ("RSUs").
- [F10]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.
- [F11]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.
- [F12]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.
- [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]1.5915 DEUs were deducted from the total due to fractional shares being paid in cash.
- [F4]The RSUs convert to Ordinary Shares on a one-for-one basis.
- [F5]The RSUs were awarded on 3/2/2020 and vest in five equal installments over four years. The remaining vesting will occur on 3/1/2024.
- [F6]The RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The remaining vesting will occur on 3/1/2024.
- [F7]The 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 on 2/20/2019 subject to meeting minimum performance criteria, which was met at 100%. Once earned, 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.
Documents
Issuer
FRESH DEL MONTE PRODUCE INC
CIK 0001047340
Entity typeother
Related Parties
1- filerCIK 0001732516
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 5:49 PM ET
- Size
- 23.5 KB