4//SEC Filing
Lutty Helmuth 4
Accession 0001732516-22-000002
CIK 0001047340other
Filed
Nov 9, 7:00 PM ET
Accepted
Nov 10, 7:55 PM ET
Size
18.7 KB
Accession
0001732516-22-000002
Insider Transaction Report
Form 4
Lutty Helmuth
SVP, Network Shipping & Ops
Transactions
- Sale
Ordinary Shares
2022-11-08$28.00/sh−7,159$200,463→ 0 total
Holdings
- 2,000
Performance Stock Units
→ Ordinary Shares (2,000 underlying) - 2,179
Performance Stock Units
→ Ordinary Shares (2,179 underlying) - 3,182
Performance Stock Units
→ Ordinary Shares (3,182 underlying) - 1,050
Restricted Stock Units
→ Ordinary Shares (1,050 underlying) - 3,574
Performance Stock Units
→ Ordinary Shares (3,574 underlying) - 2,332
Restricted Stock Units
→ Ordinary Shares (2,332 underlying) - 2,174
Restricted Stock Units
→ Ordinary Shares (2,174 underlying) - 504.632
Dividend Equivalent Units
→ Ordinary Shares (504.632 underlying) - 400
Restricted Stock Units
→ Ordinary Shares (400 underlying)
Footnotes (12)
- [F1]Represents the weighted average price of the shares purchased. The prices of the shares purchased pursuant to the transaction ranged from $27.85 to $28.20 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 purchased at each separate price.
- [F10]The PSUs were awarded on 3/2/2020 subject to meeting minimum performance criteria, which was met at 83%. Once earned, the PSUs vest 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.
- [F11]The PSUs were awarded on 3/1/2021 and subject to meeting minimum performance criteria which was met at 91%. Once earned, the PSUs vest 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.
- [F12]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. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
- [F2]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.
- [F3]The RSUs convert to Ordinary Shares on a one-for-one basis.
- [F4]RSUs were awarded on 2/20/19 and vest in five equal installments over four years. The remaining vesting of 400 shares will occur on 2/20/2023.
- [F5]RSUs were awarded on 3/2/2020 and vest in five equal installments over four years. The remaining vestings will occur on 3/1/2023 and 3/1/2024.
- [F6]RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The remaining vestings will occur on each 3/1/2023 and 3/1/2024.
- [F7]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.
- [F8]The PSUs convert to Ordinary Shares on a one-for-one basis.
- [F9]The PSUs were awarded on 2/20/2019 subject to meeting minimum performance criteria, which was met at 100%. Once earned, the PSUs vest 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.
Documents
Issuer
FRESH DEL MONTE PRODUCE INC
CIK 0001047340
Entity typeother
Related Parties
1- filerCIK 0001732516
Filing Metadata
- Form type
- 4
- Filed
- Nov 9, 7:00 PM ET
- Accepted
- Nov 10, 7:55 PM ET
- Size
- 18.7 KB