0001047340-20-000322.txt : 20200914 0001047340-20-000322.hdr.sgml : 20200914 20200914200015 ACCESSION NUMBER: 0001047340-20-000322 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200910 FILED AS OF DATE: 20200914 DATE AS OF CHANGE: 20200914 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ABU-GHAZALEH MOHAMMAD CENTRAL INDEX KEY: 0001418036 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 333-07708 FILM NUMBER: 201174416 MAIL ADDRESS: STREET 1: P.O. BOX 149222 CITY: CORAL GABLES STATE: FL ZIP: 33114-9222 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: 0101 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_160012800059004.xml FORM 4 X0306 4 2020-09-10 0 0001047340 FRESH DEL MONTE PRODUCE INC FDP 0001418036 ABU-GHAZALEH MOHAMMAD C/O FRESH DEL MONTE PRODUCE INC. P.O. BOX 149222 CORAL GABLES FL 33114 1 1 1 0 Chairman and CEO Ordinary Shares 2020-09-10 4 S 0 16890 24.1391 D 6883180 D Ordinary Shares 2020-09-11 4 S 0 5002 24.0537 D 6878178 D Ordinary Shares 20000 I Held by Spouse Dividend Equivalent Units Ordinary Shares 2250.0859 2250.0859 D Employee Stock Options (Right to Buy) 26.52 2023-02-20 Ordinary Shares 32200.0 32200 D Employee Stock Options (Right to Buy) 28.89 2024-04-30 Ordinary Shares 64400.0 64400 D Restricted Stock Units Ordinary Shares 10000.0 10000 D Restricted Stock Unit Ordinary Shares 20000.0 20000 D Restricted Stock Unit Ordinary Shares 30000.0 30000 D Restricted Stock Units Ordinary Shares 40000.0 40000 D Performance Stock Units Ordinary Shares 26668.0 26668 D Performance Stock Units 2021-03-01 Ordinary Shares 40000.0 40000 D The sales occurred pursuant to an existing Rule 10b5-1 plan adopted by the Reporting Person. Represents the weighted average price of the shares sold. 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 sold at each separate price. Each Dividend Equivalent Unit ("DEUs") 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. Stock Options are fully vested. The RSUs convert to Ordinary Shares on a one-for-one basis. RSUs were awarded on 2/22/2017 and vest in five equal annual installments over four years of which one is remaining on 2/22/2021. RSUs were awarded on 2/21/18 and vest in five equal installments over four years. The remaining vestings will occur on 2/21/21 and 2/21/22. RSUs were awarded on 2/20/19 and vest in five equal installments over four years. The remaining vestings will occur on 2/20/21, 2/20/22 and 2/20/23. 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 PSUs convert to Ordinary Shares on a one-for-one basis. The PSUs were awarded on 2/20/2019 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 2/20/2022. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment. 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. /s/ Marlene M. Gordon, Attorney-in-fact for Mohammad Abu-Ghazaleh 2020-09-14