4//SEC Filing
APPARECIDO ALEXANDRE 4
Accession 0001047340-24-000188
CIK 0001047340other
Filed
Jun 10, 8:00 PM ET
Accepted
Jun 11, 7:52 PM ET
Size
15.6 KB
Accession
0001047340-24-000188
Insider Transaction Report
Form 4
APPARECIDO ALEXANDRE
VP, Global Internal Audit
Transactions
- Award
Dividend Equivalent Units
2024-06-07+115.744→ 474.306 total→ Ordinary Shares (115.744 underlying)
Holdings
- 500
Restricted Stock Units
→ Ordinary Shares (500 underlying) - 769.889
Performance Stock Units
→ Ordinary Shares (769.889 underlying) - 1,263
Restricted Stock Units
→ Ordinary Shares (1,263 underlying) - 5,170
Performance Stock Units
→ Ordinary Shares (5,170 underlying) - 2,639
Ordinary Shares
- 502
Restricted Stock Units
→ Ordinary Shares (502 underlying) - 1,909
Performance Stock Units
→ Ordinary Shares (1,909 underlying)
Footnotes (10)
- [F1]Each Dividend Equivalent Unit ("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 Restricted Stock Units ("RSUs") and/or Performance Stock Units ("PSUs") to which they relate.
- [F10]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 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-to-one basis.
- [F4]The RSUs were awarded on 3/30/2021 and vest in five equal annual installments. The remaining vesting will occur on 3/30/2025.
- [F5]The RSUs were awarded on 6/15/2022 and vest in three equal annual installments. The remaining vesting will occur on 3/2/2025.
- [F6]The RSUs were awarded on 3/2/2023 and vest in three equal annual installments. The remaining vestings will occur on 3/2/2025 and 3/2/2026.
- [F7]The PSUs convert to Ordinary Shares on a one-to-one basis.
- [F8]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.
- [F9]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 0002007177
Filing Metadata
- Form type
- 4
- Filed
- Jun 10, 8:00 PM ET
- Accepted
- Jun 11, 7:52 PM ET
- Size
- 15.6 KB