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