0001047340-20-000033.txt : 20200224
0001047340-20-000033.hdr.sgml : 20200224
20200224214809
ACCESSION NUMBER: 0001047340-20-000033
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200220
FILED AS OF DATE: 20200224
DATE AS OF CHANGE: 20200224
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Gordon Marlene
CENTRAL INDEX KEY: 0001744926
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 333-07708
FILM NUMBER: 20647048
MAIL ADDRESS:
STREET 1: C/O FRESH DEL MONTE PRODUCE INC.,
STREET 2: PO BOX 149222
CITY: CORAL GABLES
STATE: FL
ZIP: 33134
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: 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
wf-form4_158259887213742.xml
FORM 4
X0306
4
2020-02-20
0
0001047340
FRESH DEL MONTE PRODUCE INC
FDP
0001744926
Gordon Marlene
C/O FRESH DEL MONTE PRODUCE INC.
PO BOX 149222
CORAL GABLES
FL
33114
0
1
0
0
SVP, General Counsel
Ordinary Shares
2020-02-20
4
M
0
400
0
A
1316
D
Ordinary Shares
2020-02-20
4
M
0
1
0
A
1317
D
Ordinary Shares
2020-02-20
4
S
0
120
30.85
D
1197
D
Restricted Stock Units
2020-02-20
4
M
0
400
0
D
Ordinary Shares
400.0
1200
D
Dividend Equivalent Units
2020-02-20
4
M
0
1
0
D
Ordinary Shares
1.0
30.2559
D
Performance Stock Units
Ordinary Shares
2000.0
2000
D
Restricted Stock Units
Ordinary Shares
1200.0
1200
D
Reflects shares sold for taxes payable upon the vesting of the RSUs.
The Restricted Stock Units ("RSUs") convert to Ordinary Shares on a one-for-one basis.
RSUs were awarded on 2/20/19 and vested in five equal installments over four years. The remaining vestings of 400 shares will occur on each 2/20/20, 2/20/21, 2/20/22 and 2/20/23.
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.
The Performance Stock Units ("PSUs") convert to Ordinary Shares on a one-for-one basis.
The PSUs were subject to meeting minimum performance criteria set by the compensation Committee of the Board of Directors of FDP, which was met at 100%. The PSUs vest in three equal annual installments on each of 2/20/2020, 2/20/2021 and 2/20/2021. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
RSUs were awarded 6/25/18 and vested in five equal installments over four years. The remaining vestings of 400 shares will occur on each 6/25/20, 6/25/21 and 6/25/22.
/s/ Marlene Gordon
2020-02-24