4//SEC Filing
Young Thomas R 4
Accession 0001181431-13-020288
CIK 0001047340other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 5:56 PM ET
Size
6.3 KB
Accession
0001181431-13-020288
Insider Transaction Report
Form 4
Young Thomas R
SVP R&D & Agri Services
Transactions
- Award
Dividend Equivalent Units
2013-03-29+46→ 46 totalExercise: $26.98→ Ordinary Shares (10,000 underlying)
Footnotes (4)
- [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 based on the underlying Restricted Stock Units (RSUs).
- [F2]Reflects DEUs received by the Reporting Person as a result of dividend equivalents accrued with respect to outstanding 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.
- [F4]All of these securities are RSUs and are not vested.
Documents
Issuer
FRESH DEL MONTE PRODUCE INC
CIK 0001047340
Entity typeother
Related Parties
1- filerCIK 0001538315
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 5:56 PM ET
- Size
- 6.3 KB