4//SEC Filing
BETTI TAREK AHMAD 4
Accession 0001047340-23-000197
CIK 0001047340other
Filed
Aug 8, 8:00 PM ET
Accepted
Aug 9, 5:34 PM ET
Size
15.5 KB
Accession
0001047340-23-000197
Insider Transaction Report
Form 4
BETTI TAREK AHMAD
Chief Human Resources Officer
Transactions
- Sale
Ordinary Shares
2023-08-08$28.18/sh−420$11,835→ 747 total
Holdings
- 292.285
Dividend Equivalent Units
→ Ordinary Shares (292.285 underlying) - 1,093
Restricted Stock Units
→ Ordinary Shares (1,093 underlying) - 3,037
Restricted Stock Units
→ Ordinary Shares (3,037 underlying) - 714
Restricted Stock Unit
→ Ordinary Shares (714 underlying) - 3,037
Performance Stock Units
→ Ordinary Shares (3,037 underlying) - 1,943
Performance Stock Units
→ Ordinary Shares (1,943 underlying) - 1,944.398
Performance Stock Units
→ Ordinary Shares (1,944.398 underlying)
Footnotes (10)
- [F1]Represents the weighted average price of the shares purchased. The prices of the shares purchased pursuant to the transaction ranged from $28.16 to $28.21 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares purchased at each separate price.
- [F10]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]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.
- [F3]The RSUs convert to Ordinary Shares on a one-for-one basis.
- [F4]The RSUs were awarded on 3/1/2021 and vest in three equal installment over three years. The remaining vesting will occur on 3/1/2024.
- [F5]The RSUs were awarded on 6/15/2022 and vest in three equal installments over three years. The remaining vestings will occur on 3/2/2024 and 3/2/2025.
- [F6]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.
- [F7]The PSUs convert to Ordinary Shares on a one-for-one basis.
- [F8]The PSUs were awarded on 3/1/2021 and are subject to meeting minimum performance criteria which was met at 91%. The PSUs vest in three equal annual installments. The remaining vesting will occur on 3/1/2024. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
- [F9]The PSUs were awarded on 6/15/2022 and are subject to meeting minimum performance criteria which was met at 97.3%. The PSUs vest in three equal annual installments. The remaining vestings will occur on 3/2/2024 and 3/2/2025.
Documents
Issuer
FRESH DEL MONTE PRODUCE INC
CIK 0001047340
Entity typeother
Related Parties
1- filerCIK 0001919356
Filing Metadata
- Form type
- 4
- Filed
- Aug 8, 8:00 PM ET
- Accepted
- Aug 9, 5:34 PM ET
- Size
- 15.5 KB