0001047340-20-000051.txt : 20200225
0001047340-20-000051.hdr.sgml : 20200225
20200225164723
ACCESSION NUMBER: 0001047340-20-000051
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200220
FILED AS OF DATE: 20200225
DATE AS OF CHANGE: 20200225
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SAUTER HANS
CENTRAL INDEX KEY: 0001769375
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 333-07708
FILM NUMBER: 20651471
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]
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/A
1
wf-form4a_158266722650670.xml
FORM 4/A
X0306
4/A
2020-02-20
2020-02-24
0
0001047340
FRESH DEL MONTE PRODUCE INC
FDP
0001769375
SAUTER HANS
C/O FRESH DEL MONTE PRODUCE INC.,
PO BOX 149222
CORAL GABLES
FL
33114
0
1
0
0
SVP, R&D and Agriculture
Ordinary Shares
2020-02-20
4
M
0
400
0
A
2112
D
Ordinary Shares
2020-02-20
4
M
0
1
0
A
2113
D
Ordinary Shares
2020-02-20
4
S
0
120
30.85
D
1993
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
97.0238
D
Restricted Stock Units
Ordinary Shares
800.0
800
D
Restricted Stock Units
Ordinary Shares
1200.0
1200
D
Performance Stock Units
Ordinary Shares
2000.0
2000
D
Restricted Stock Units
Ordinary Shares
1000.0
1000
D
The original Form 4, filed on February 24, 2020, is being amended solely to reflect the correct amounts of securities beneficially owned following the reported transactions. There were no other changes to the Form 4.
Reflects shares sold for taxes payable upon the vesting of 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 RSUs were awarded on 8/2/2017 and vest in five equal annual installments over four years of which two are remaining on each of 8/2/2020 and 8/2/2021.
RSUs were awarded on 2/21/18 and vested in five equal installments over four years. The remaining vestings of 400 shares will occur on each 2/21/20, 2/21/21 and 2/21/22.
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.
The RSUs were awarded on 8/3/2016 and vest in five equal installments over four years of which one is remaining on 8/3/2020.
/s/ Marlene M. Gordon, Attorney-in-fact for Hans Sauter
2020-02-25