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