0001047340-23-000177.txt : 20230710 0001047340-23-000177.hdr.sgml : 20230710 20230710170617 ACCESSION NUMBER: 0001047340-23-000177 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230706 FILED AS OF DATE: 20230710 DATE AS OF CHANGE: 20230710 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: 231080486 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: 1229 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_168902316576780.xml FORM 4 X0407 4 2023-07-06 0 0001047340 FRESH DEL MONTE PRODUCE INC FDP 0001418036 ABU-GHAZALEH MOHAMMAD C/O FRESH DEL MONTE PRODUCE INC. 241 SEVILLA AVENUE CORAL GABLES FL 33134 1 1 1 0 Chairman and CEO 0 Ordinary Shares 2023-07-06 4 M 0 591 0 A 6902797 D Ordinary Shares 2023-07-06 4 M 0 32646 0 A 6935443 D Ordinary Shares 20000 I Held by Spouse Dividend Equivalent Units 2023-07-06 4 D 0 49.7532 0 D Ordinary Shares 49.7532 5472.2014 D Dividend Equivalent Units 2023-07-06 4 M 0 591.7227 0 D Ordinary Shares 591.7227 4880.4787 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 Units Ordinary Shares 20113.0 20113 D Restricted Stock Unit Ordinary Shares 22720.0 22720 D Performance Stock Units Ordinary Shares 18302.5035 18302.5035 D Performance Stock Units 2023-07-06 4 D 0 2745 0 D Ordinary Shares 2745.0 98927 D Performance Stock Units 2023-07-06 4 M 0 32646.1435 0 D Ordinary Shares 32646.1435 66280.8565 D Performance Stock Units Ordinary Shares 53013.0 53013 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. These DEUs were cancelled since performance criteria on underlying PSUs were met at 97.3%. .8662 DEUs were deducted from the total due to fractional shares being paid in cash. Stock Options are fully vested. The RSUs convert to Ordinary Shares on a one-for-one basis. The RSUs were awarded on 3/2/2020 and vest in five equal installments over four years. The remaining vesting will occur on 3/1/2024. The RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The remaining vesting will occur on 3/1/2024. 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 subject to meeting minimum performance criteria which was met at 91%. The PSUs vest in three equal annual installments on each of 3/1/2022, 3/1/2023 and 3/1/2024. Since the performance criteria was met at 97.3%, 2,745 PSUs previously reported on Form 4 were cancelled. The PSUs were awarded on 7/6/2022 and subject to meeting minimum performance criteria which was met at 97.3%. Once earned, the PSUs vest in three equal installments on each of 7/6/2023, 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 Mohammad Abu-Ghazaleh 2023-07-10