4//SEC Filing
BETTI TAREK AHMAD 4
Accession 0001047340-24-000074
CIK 0001047340other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 6:22 PM ET
Size
12.4 KB
Accession
0001047340-24-000074
Insider Transaction Report
Form 4
BETTI TAREK AHMAD
Chief Human Resources Officer
Transactions
- Sale
Ordinary Shares
2024-03-05$24.35/sh−998$24,301→ 3,109 total
Holdings
- 1,943
Performance Stock Units
→ Ordinary Shares (1,943 underlying) - 555
Restricted Stock Units
→ Ordinary Shares (555 underlying) - 986.797
Performance Stock Units
→ Ordinary Shares (986.797 underlying) - 260.309
Dividend Equivalent Units
→ Ordinary Shares (260.309 underlying) - 2,026
Restricted Stock Units
→ Ordinary Shares (2,026 underlying)
Footnotes (8)
- [F1]Reflects shares sold for taxes payable upon the vesting of Restricted Stock Units ("RSUs") and Performance Stock Units ("PSUs").
- [F2]Each Dividend Equivalent Unit ("DEUs") represent 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 PSUs to which they relate.
- [F3]The RSUs convert to Ordinary Shares on a one-for-one basis.
- [F4]The RSUs were awarded on 6/15/2022 and vest in three equal installments over three years. The remaining vesting will occur on 3/2/2025.
- [F5]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.
- [F6]The PSUs convert to Ordinary Shares on a one-for-one basis.
- [F7]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.
- [F8]The PSUs were awarded on 6/15/2022 and subject to meeting minimum performance criteria which was met at 97.3%. The PSUs vest in three equal annual installments. The remaining vesting will occur on 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
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 6:22 PM ET
- Size
- 12.4 KB