4//SEC Filing
SAUTER HANS 4
Accession 0001047340-23-000060
CIK 0001047340other
Filed
Mar 9, 7:00 PM ET
Accepted
Mar 10, 5:15 PM ET
Size
18.0 KB
Accession
0001047340-23-000060
Insider Transaction Report
Form 4
SAUTER HANS
SVP, R&D and Agriculture
Transactions
- Sale
Ordinary Shares
2023-03-09$30.76/sh−1,499$46,116→ 0 total
Holdings
- 511
Restricted Stock Units
→ Ordinary Shares (511 underlying) - 2,940
Restricted Stock Units
→ Ordinary Shares (2,940 underlying) - 2,119
Performance Stock Units
→ Ordinary Shares (2,119 underlying) - 3,094
Performance Stock Units
→ Ordinary Shares (3,094 underlying) - 3,609
Performance Stock Units
→ Ordinary Shares (3,609 underlying) - 2,940
Performance Stock Units
→ Ordinary Shares (2,940 underlying) - 469.933
Dividend Equivalent Units
→ Ordinary Shares (469.933 underlying) - 1,136
Restricted Stock Units
→ Ordinary Shares (1,136 underlying) - 2,000
Performance Stock Units
→ Ordinary Shares (2,000 underlying)
Footnotes (11)
- [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 RSUs and/or Performance Stock Units ("PSUs") to which they relate.
- [F10]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.
- [F11]The PSUs were awarded on 3/2/2023 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 3/2/2024, 3/2/2025 and 3/2/2026.
- [F2]The RSUs convert to Ordinary Shares on a one-for-one basis.
- [F3]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.
- [F4]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.
- [F5]The RSUs were awarded on 3/2/2023 and vest in three equal installments on 3/2/2024, 3/2/2025 and 3/2/2026.
- [F6]The PSUs convert to Ordinary Shares on a one-for-one basis.
- [F7]The PSUs were awarded on 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 2/20/2021. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
- [F8]The PSUs were awarded on 3/2/2020 and subject to meeting minimum performance criteria which was met at 83%. 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 installment 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 0001769375
Filing Metadata
- Form type
- 4
- Filed
- Mar 9, 7:00 PM ET
- Accepted
- Mar 10, 5:15 PM ET
- Size
- 18.0 KB