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4//SEC Filing

BENDICHO JOSE LUIS 4

Accession 0001181431-12-003352

CIK 0001047340other

Filed

Jan 19, 7:00 PM ET

Accepted

Jan 20, 4:51 PM ET

Size

6.2 KB

Accession

0001181431-12-003352

Insider Transaction Report

Form 4
Period: 2011-12-09
BENDICHO JOSE LUIS
VP, South America
Transactions
  • Award

    Dividend Equivalent Units

    2011-12-09+2020 total
    Exercise: $25.13Ordinary Shares (5,000 underlying)
Footnotes (3)
  • [F1]Dividend Equivalent Units (DEUs) were granted under the Fresh Del Monte Produce Inc. 2011 Omnibus Share Incentive Plan. Each DEU represents a contingent right to receive one ordinary share of FDP. The DEUs are subject to meeting minimum performance criteria set by the Compensation Committee of the Board of Directors of FDP. Provided such criteria are met, the DEUs will vest in three equal annual installments on each of 11/2/2012, 11/2/2013 and 11/2/2014.
  • [F2]Reflects DEUs received by the Reporting Person as a result of dividend equivalents accrued with respect to outstanding Restricted Stock Units (RSUs) 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 are subject to the same restrictions and vesting conditions as the underlying RSUs.
  • [F3]DEUs do not have an expiration date.

Issuer

FRESH DEL MONTE PRODUCE INC

CIK 0001047340

Entity typeother

Related Parties

1
  • filerCIK 0001416715

Filing Metadata

Form type
4
Filed
Jan 19, 7:00 PM ET
Accepted
Jan 20, 4:51 PM ET
Size
6.2 KB