4//SEC Filing
Pelaez Reyes Jorge 4
Accession 0001047340-24-000216
CIK 0001047340other
Filed
Aug 20, 8:00 PM ET
Accepted
Aug 21, 4:59 PM ET
Size
17.4 KB
Accession
0001047340-24-000216
Insider Transaction Report
Form 4
Pelaez Reyes Jorge
VP, Central America
Transactions
- Sale
Ordinary Shares
2024-08-19$27.75/sh−5,417$150,297→ 0 total
Holdings
- 5,995
Performance Stock Units
→ Ordinary Shares (5,995 underlying) - 1,069.122
Dividend Equivalent Units
→ Ordinary Shares (1,069.122 underlying) - 574
Restricted Stock Units
→ Ordinary Shares (574 underlying) - 1,479
Restricted Stock Units
→ Ordinary Shares (1,479 underlying) - 3,000
Performance Stock Units
→ Ordinary Shares (3,000 underlying) - 2,090
Performance Stock Units
→ Ordinary Shares (2,090 underlying) - 2,390
Performance Stock Units
→ Ordinary Shares (2,390 underlying) - 880.853
Performance Stock Units
→ Ordinary Shares (880.853 underlying)
Footnotes (12)
- [F1]Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $27.71 to $27.77 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 sold at each separate price.
- [F10]The PSUs were awarded on 3/1/2021 and are subject to meeting minimum performance criteria which was met at 91%. The PSUs vested in three equal annual installments on each of 3/1/2022, 3/1/2023 and 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 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.
- [F12]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]A fractional share was paid in cash.
- [F3]Each Dividend Equivalent Unit ("DEU") represents 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 Restricted Stock Units ("RSUs") and/or Performance Stock Units ("PSUs") to which they relate.
- [F4]The RSUs convert to Ordinary Shares on a one-for-one basis.
- [F5]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.
- [F6]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.
- [F7]The PSUs convert to Ordinary Shares on a one-for-one basis.
- [F8]The PSUs were awarded 2/20/2019 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vested in three equal annual installments on each of 2/20/2020, 2/20/2021 and 2/20/2022. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
- [F9]The PSUs were awarded on 3/2/2020 subject to meeting minimum performance criteria, which was met at 83%. The PSUs vested in three equal annual installments on each of 3/1/2021, 3/1/2022 and 3/1/2023. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
Documents
Issuer
FRESH DEL MONTE PRODUCE INC
CIK 0001047340
Entity typeother
Related Parties
1- filerCIK 0001702953
Filing Metadata
- Form type
- 4
- Filed
- Aug 20, 8:00 PM ET
- Accepted
- Aug 21, 4:59 PM ET
- Size
- 17.4 KB