0001047340-24-000234.txt : 20240910
0001047340-24-000234.hdr.sgml : 20240910
20240910170429
ACCESSION NUMBER: 0001047340-24-000234
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240906
FILED AS OF DATE: 20240910
DATE AS OF CHANGE: 20240910
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Pelaez Reyes Jorge
CENTRAL INDEX KEY: 0001702953
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 333-07708
FILM NUMBER: 241290740
MAIL ADDRESS:
STREET 1: C/O FRESH DEL MONTE PRODUCE INC.
STREET 2: PO 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]
ORGANIZATION NAME: 08 Industrial Applications and Services
IRS NUMBER: 000000000
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1227
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
wk-form4_1726002262.xml
FORM 4
X0508
4
2024-09-06
0
0001047340
FRESH DEL MONTE PRODUCE INC
FDP
0001702953
Pelaez Reyes Jorge
C/O FRESH DEL MONTE PRODUCE INC.
241 SEVILLA AVENUE
CORAL GABLES
FL
33134
0
1
0
0
VP, Central America
0
Dividend Equivalent Units
2024-09-06
4
A
0
149.7423
0
A
Ordinary Shares
149.7423
1218.864
D
Restricted Stock Units
Ordinary Shares
574
574
D
Restricted Stock Units
Ordinary Shares
1479
1479
D
Performance Stock Units
Ordinary Shares
3000
3000
D
Performance Stock Units
Ordinary Shares
2090
2090
D
Performance Stock Units
Ordinary Shares
2390
2390
D
Performance Stock Units
Ordinary Shares
880.8531
880.8531
D
Performance Stock Units
Ordinary Shares
5995
5995
D
Each Dividend Equivalent Unit ("DEU") 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.
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 6/15/2022 and vest in three equal installments over three years. The remaining vesting will occur on 3/2/2025.
The RSUs were awarded on 3/2/2023 and vest in three equal installments over three years. The remaining vestings will occur on 3/2/2025 and 3/2/2026.
The PSUs convert to Ordinary Shares on a one-for-one basis.
The PSUs were awarded 2/20/2019 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vested 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 subject to meeting minimum performance criteria which was met at 83%. The PSUs vested 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.
The PSUs were awarded on 3/1/2021 and subject to meeting minimum performance criteria which was met at 91%. The PSUs vested 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 subject to meeting minimum performance criteria which was met at 97.3%. The PSUs vest in three equal annual installments. The remaining vesting will occur on 3/2/2025.
The PSUs were awarded on 3/1/2024 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 3/1/2025, 3/1/2026 and 3/1/2027.
/s/ Effie D. Silva, Attorney-in-Fact for Jorge Pelaez Reyes
2024-09-10