0001047340-20-000103.txt : 20200304
0001047340-20-000103.hdr.sgml : 20200304
20200304212213
ACCESSION NUMBER: 0001047340-20-000103
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200302
FILED AS OF DATE: 20200304
DATE AS OF CHANGE: 20200304
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Jeifetz Martha V.
CENTRAL INDEX KEY: 0001769391
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 333-07708
FILM NUMBER: 20689437
MAIL ADDRESS:
STREET 1: C/O FRESH DEL MONTE PRODUCE INC.,
STREET 2: PO BOX 149222
CITY: CORAL GABLES
STATE: FL
ZIP: 33114
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: FRESH DEL MONTE PRODUCE INC
CENTRAL INDEX KEY: 0001047340
STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE PRODUCTION - CROPS [0100]
IRS NUMBER: 000000000
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1227
BUSINESS ADDRESS:
STREET 1: 241 SEVILLA AVENUE, 12TH FLOOR
STREET 2: C/O DEL MONTE FRESH PRODUCE CO
CITY: CORAL GABLES
STATE: FL
ZIP: 33134
BUSINESS PHONE: 3055208400
MAIL ADDRESS:
STREET 1: C/O DEL MONTE FRESH PRODUCE COMPANY
STREET 2: 241 SEVILLA AVENUE, 12TH FLOOR
CITY: CORAL GABLES
STATE: FL
ZIP: 33134
4
1
wf-form4_158337491553403.xml
FORM 4
X0306
4
2020-03-02
0
0001047340
FRESH DEL MONTE PRODUCE INC
FDP
0001769391
Jeifetz Martha V.
C/O FRESH DEL MONTE PRODUCE INC.,
PO BOX 149222
CORAL GABLES
FL
33114
0
1
0
0
SVP, Human Resources
Ordinary Shares
2020-03-02
4
M
0
510
0
A
1096
D
Ordinary Shares
2020-03-02
4
S
0
155
28.32
D
941
D
Restricted Stock Units
2020-03-02
4
A
0
2552
0
A
Ordinary Shares
2552.0
2552
D
Performance Stock Units
2020-03-02
4
A
0
2552
0
A
Ordinary Shares
2552.0
2552
D
Restricted Stock Units
2020-03-02
4
M
0
510
0
D
Ordinary Shares
510.0
2042
D
Performance Stock Units
Ordinary Shares
2000.0
2000
D
Restricted Stock Units
Ordinary Shares
1200.0
1200
D
Dividend Equivalent Units
Ordinary Shares
14.4225
14.4225
D
Vesting of first tranche of RSUs awarded 3/2/2020.
Reflects shares sold for taxes payable upon the vesting of RSUs.
The Restricted Stock Units ("RSUs") convert to Ordinary Shares on a one-for-one basis.
RSUs were awarded on 3/2/2020 and vest in five equal installments over four years. The remaining vestings will occur on 3/1/2021, 3/1/2022, 3/1/2023 and 3/1/2024.
The Performance Stock Units ("PSUs") convert to Ordinary Shares on a one-for-one basis.
The PSUs were awarded on 3/2/2020 and are earned subject to meeting minimum performance criteria. 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.
The PSUs were awarded subject to meeting minimum performance criteria, which was met at 100%. The PSUs vest in three equal annual installments on each of 2/20/2020, 2/20/2021 and 2/20/2021. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
RSUs were awarded on 2/20/2019 and vested in five equal installments over four years. The remaining vestings of 400 shares will occur on each 2/20/2021, 2/20/2022 and 2/20/2023.
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.
/s/ Marlene M. Gordon, Attorney-in-fact for Martha V. Jeifetz
2020-03-04