0001047340-23-000092.txt : 20230404
0001047340-23-000092.hdr.sgml : 20230404
20230404210728
ACCESSION NUMBER: 0001047340-23-000092
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230331
FILED AS OF DATE: 20230404
DATE AS OF CHANGE: 20230404
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BETTI TAREK AHMAD
CENTRAL INDEX KEY: 0001919356
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 333-07708
FILM NUMBER: 23800937
MAIL ADDRESS:
STREET 1: C/O FRESH DEL MONTE PRODUCE INC.
STREET 2: P.O. 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: 1230
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_168065683519744.xml
FORM 4
X0407
4
2023-03-31
0
0001047340
FRESH DEL MONTE PRODUCE INC
FDP
0001919356
BETTI TAREK AHMAD
C/O FRESH DEL MONTE PRODUCE INC
241 SEVILLA AVENUE
CORAL GABLES
FL
33134
0
1
0
0
Chief Human Resources Officer
0
Ordinary Shares
0
D
Dividend Equivalent Units
2023-03-31
4
A
0
67.2834
0
A
Ordinary Shares
67.2834
229.2734
D
Restricted Stock Unit
Ordinary Shares
714.0
714
D
Restricted Stock Units
Ordinary Shares
1631.0
1631
D
Restricted Stock Units
Ordinary Shares
3037.0
3037
D
Performance Stock Units
Ordinary Shares
1943.0
1943
D
Performance Stock Units
Ordinary Shares
2982.0
2982
D
Performance Stock Units
Ordinary Shares
3037.0
3037
D
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.
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.
The RSUs convert to Ordinary Shares on a one-for-one basis.
The 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.
The 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.
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.
The PSUs convert to Ordinary Shares on a one-for-one basis.
The PSUs were awarded on 3/1/2021 and are 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.
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.
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.
/s/ Effie D. Silva, Attorney-in-Fact for Tarek Betti
2023-04-04