Home/Filings/4/0001047340-24-000103
4//SEC Filing

APPARECIDO ALEXANDRE 4

Accession 0001047340-24-000103

CIK 0001047340other

Filed

Apr 1, 8:00 PM ET

Accepted

Apr 2, 7:06 PM ET

Size

25.7 KB

Accession

0001047340-24-000103

Insider Transaction Report

Form 4
Period: 2024-03-29
APPARECIDO ALEXANDRE
VP, Global Internal Audit
Transactions
  • Exercise/Conversion

    Ordinary Shares

    2024-03-30+5002,964 total
  • Exercise/Conversion

    Ordinary Shares

    2024-03-30+831,964 total
  • Exercise/Conversion

    Ordinary Shares

    2024-03-30+5002,464 total
  • Sale

    Ordinary Shares

    2024-03-30$25.91/sh325$8,4212,639 total
  • Exercise/Conversion

    Restricted Stock Units

    2024-03-30500500 total
    Ordinary Shares (500 underlying)
  • Exercise/Conversion

    Dividend Equivalent Units

    2024-03-3084.063358.562 total
    Ordinary Shares (84.063 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2024-03-305000 total
    Ordinary Shares (500 underlying)
  • Award

    Dividend Equivalent Units

    2024-03-29+110.442442.624 total
    Ordinary Shares (110.442 underlying)
Holdings
  • Restricted Stock Units

    Ordinary Shares (502 underlying)
    502
  • Restricted Stock Units

    Ordinary Shares (1,263 underlying)
    1,263
  • Performance Stock Units

    Ordinary Shares (1,909 underlying)
    1,909
  • Performance Stock Units

    Ordinary Shares (769.889 underlying)
    769.889
  • Performance Stock Units

    Ordinary Shares (5,170 underlying)
    5,170
Footnotes (13)
  • [F1]1.0626 Dividend Equivalent Units ("DEUs") were deducted from the total due to fractional shares being paid in cash.
  • [F10]The PSUs convert to Ordinary Shares on a one-to-one basis.
  • [F11]The PSUs were awarded on 3/1/2021 and subject to meeting minimum performance criteria which was met at 91%. The PSUs vested in three equal annual installments. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
  • [F12]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.
  • [F13]The PSUs were awarded on 3/1/2024 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 3/1/2025, 3/1/2026 and 3/1/2027.
  • [F2]Reflects shares sold for taxes payable upon the vesting of Restricted Stock Units ("RSUs").
  • [F3]Each DEU represents a contingent right to received one Ordinary Share of the Issuer. 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.
  • [F4]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.
  • [F5]The RSUs convert to Ordinary Shares on a one-for-one basis.
  • [F6]The RSUs were awarded on 3/30/2020 and vested in five equal annual installments.
  • [F7]The RSUs were awarded on 3/30/2021 and vest in five equal annual installments. The remaining vesting will occur on 3/30/2025.
  • [F8]The RSUs were awarded on 6/15/2022 and vest in three equal annual installments. The remaining vesting will occur on 3/2/2025.
  • [F9]The RSUs were awarded on 3/2/2023 and vest in three equal annual installments. The remaining vestings will occur on 3/2/2024 and 3/2/2025.

Issuer

FRESH DEL MONTE PRODUCE INC

CIK 0001047340

Entity typeother

Related Parties

1
  • filerCIK 0002007177

Filing Metadata

Form type
4
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 7:06 PM ET
Size
25.7 KB