4//SEC Filing
Nabulsi Ziad 4
Accession 0001047340-23-000090
CIK 0001047340other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 9:06 PM ET
Size
15.3 KB
Accession
0001047340-23-000090
Insider Transaction Report
Form 4
Nabulsi Ziad
SVP, North American Operations
Transactions
- Award
Dividend Equivalent Units
2023-03-31+71.156→ 179.613 total→ Ordinary Shares (71.156 underlying)
Holdings
- 3,471
Performance Stock Units
→ Ordinary Shares (3,471 underlying) - 2,174
Restricted Stock Units
→ Ordinary Shares (2,174 underlying) - 3,471
Restricted Stock Units
→ Ordinary Shares (3,471 underlying) - 2,112
Ordinary Shares
- 150
Restricted Stock Units
→ Ordinary Shares (150 underlying) - 4,260
Performance Stock Units
→ Ordinary Shares (4,260 underlying) - 649
Restricted Stock Units
→ Ordinary Shares (649 underlying)
Footnotes (10)
- [F1]Each Dividend Equivalent Unit ("DEUs") represents a contingent right to receive 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 3/2/2023 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 3/2/2024, 3/2/2025 and 3/2/2026.
- [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-for-one basis.
- [F4]RSUs were awarded on 3/2/2020 and vest in five equal installments over four years. The remaining vesting will occur on 3/1/2024.
- [F5]RSUs were awarded on 3/1/2021 and vest in three equal installment over three years. The remaining vesting will occur on 3/1/2024.
- [F6]RSUs were awarded on 6/15/2022 and vest in three equal installments over three years. The vestings will occur on 6/15/2023, 3/2/2024 and 3/2/2025.
- [F7]The RSUs were awarded on 3/2/2023 and vest in three equal installments on 3/2/2024, 3/2/2025 and 3/2/2026.
- [F8]The PSUs convert to Ordinary Shares on a one-for-one basis.
- [F9]The PSUs were awarded on 6/15/2022 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 6/15/2023, 3/2/2024 and 3/2/2025.
Documents
Issuer
FRESH DEL MONTE PRODUCE INC
CIK 0001047340
Entity typeother
Related Parties
1- filerCIK 0001857368
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 9:06 PM ET
- Size
- 15.3 KB