4//SEC Filing
BETTI TAREK AHMAD 4
Accession 0001047340-24-000057
CIK 0001047340other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 9:46 PM ET
Size
31.6 KB
Accession
0001047340-24-000057
Insider Transaction Report
Form 4
BETTI TAREK AHMAD
Chief Human Resources Officer
Transactions
- Exercise/Conversion
Ordinary Shares
2024-03-01+714→ 1,461 total - Exercise/Conversion
Ordinary Shares
2024-03-01+50→ 1,511 total - Exercise/Conversion
Ordinary Shares
2024-03-02+538→ 2,049 total - Exercise/Conversion
Ordinary Shares
2024-03-02+1,011→ 3,060 total - Exercise/Conversion
Ordinary Shares
2024-03-02+957→ 4,017 total - Exercise/Conversion
Ordinary Shares
2024-03-02+90→ 4,107 total - Exercise/Conversion
Dividend Equivalent Units
2024-03-01−50.885→ 438.984 total→ Ordinary Shares (50.885 underlying) - Disposition to Issuer
Dividend Equivalent Units
2024-03-01−88.204→ 350.78 total→ Ordinary Shares (88.204 underlying) - Exercise/Conversion
Dividend Equivalent Units
2024-03-02−90.471→ 260.309 total→ Ordinary Shares (90.471 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-01−714→ 0 total→ Ordinary Shares (714 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-02−538→ 555 total→ Ordinary Shares (538 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-02−1,011→ 2,026 total→ Ordinary Shares (1,011 underlying) - Exercise/Conversion
Performance Stock Units
2024-03-02−957.602→ 986.797 total→ Ordinary Shares (957.602 underlying) - Disposition to Issuer
Performance Stock Units
2024-03-02−3,037→ 0 total→ Ordinary Shares (3,037 underlying)
Holdings
- 1,943
Performance Stock Units
→ Ordinary Shares (1,943 underlying)
Footnotes (13)
- [F1]Each Dividend Equivalent Unit ("DEU") 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 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.
- [F11]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.
- [F12]The PSUs previously reported as acquired by the reporting person were forfeited because the minimum performance criteria required for vesting were not met.
- [F13]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. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
- [F2]A fractional share of DEUs on the RSUs vesting was paid in cash.
- [F3]88.204 DEUs were forfeited because the minimum performance criteria for the vesting of the underlying PSUs were not met.
- [F4]A fractional share of DEUs on the RSUs and PSUs vesting was paid in cash.
- [F5]The RSUs convert to Ordinary Shares on a one-for-one basis.
- [F6]The RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The remaining vesting occurred on 3/1/2024.
- [F7]RSUs were awarded on 6/15/2022 and vest in three equal annual installments over three years. The remaining vesting will occur on 3/2/2025.
- [F8]The RSUs were awarded on 3/2/2023 and vest in three equal installments over three years. The remaining vestings will occur on 3/2/2025 and 3/2/2026.
- [F9]The PSUs convert to Ordinary Shares on a one-for-one basis.
Documents
Issuer
FRESH DEL MONTE PRODUCE INC
CIK 0001047340
Entity typeother
Related Parties
1- filerCIK 0001919356
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 9:46 PM ET
- Size
- 31.6 KB