4//SEC Filing
Mancilla Sergio 4
Accession 0001047340-23-000096
CIK 0001047340other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 9:08 PM ET
Size
25.0 KB
Accession
0001047340-23-000096
Insider Transaction Report
Form 4
Mancilla Sergio
VP South America
Transactions
- Award
Dividend Equivalent Units
2023-03-31+174.413→ 3,087.814 total→ Ordinary Shares (174.413 underlying)
Holdings
- 2,414
Performance Stock Units
→ Ordinary Shares (2,414 underlying) - 5,000
Performance Stock Units
→ Ordinary Shares (5,000 underlying) - 5,000
Performance Stock Units
→ Ordinary Shares (5,000 underlying) - 4,000
Performance Stock Units
→ Ordinary Shares (4,000 underlying) - 1,745
Performance Stock Units
→ Ordinary Shares (1,745 underlying) - 68
Ordinary Shares
- 421
Restricted Stock Units
→ Ordinary Shares (421 underlying) - 868
Restricted Stock Units
→ Ordinary Shares (868 underlying) - 1,529
Restricted Stock Unit
→ Ordinary Shares (1,529 underlying) - 4,750
Performance Stock Units
→ Ordinary Shares (4,750 underlying) - 1,776
Performance Stock Units
→ Ordinary Shares (1,776 underlying) - 2,000
Performance Stock Units
→ Ordinary Shares (2,000 underlying) - 2,363
Performance Stock Units
→ Ordinary Shares (2,363 underlying)
Footnotes (16)
- [F1]Each Dividend Equivalent Unit ("DEUs") represents a contingent right to receive one Ordinary Share of the Issuer. 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 2/18/2015 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.
- [F11]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.
- [F12]The PSUs were awarded 2/22/2017 and subject to meeting minimum performance criteria which was met at 88.8%. The PSUs vested in three equal annual installments on each of 2/22/2018, 2/22/2019 and 2/22/2020. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
- [F13]The PSUs were awarded 2/20/2019 and subject to meeting minimum performance criteria which was met at 100%. The PSUs vested in three equal annual installments on each of 2/20/2020, 2/20/2021 and 2/20/2022. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
- [F14]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.
- [F15]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.
- [F16]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]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]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.
- [F5]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.
- [F6]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.
- [F7]The PSUs convert to Ordinary Shares on a one-for-one basis.
- [F8]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.
- [F9]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.
Documents
Issuer
FRESH DEL MONTE PRODUCE INC
CIK 0001047340
Entity typeother
Related Parties
1- filerCIK 0001545077
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 9:08 PM ET
- Size
- 25.0 KB