0001047340-21-000242.txt : 20210804
0001047340-21-000242.hdr.sgml : 20210804
20210804165931
ACCESSION NUMBER: 0001047340-21-000242
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210802
FILED AS OF DATE: 20210804
DATE AS OF CHANGE: 20210804
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lutty Helmuth
CENTRAL INDEX KEY: 0001732516
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 333-07708
FILM NUMBER: 211144940
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: 1231
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_162811072601444.xml
FORM 4
X0306
4
2021-08-02
0
0001047340
FRESH DEL MONTE PRODUCE INC
FDP
0001732516
Lutty Helmuth
C/O FRESH DEL MONTE PRODUCE INC.
PO BOX 149222
FL
33114
0
1
0
0
SVP, Network Shipping & Ops
Ordinary Shares
2021-08-02
4
M
0
400
0
A
5290
D
Ordinary Shares
2021-08-02
4
M
0
17
0
A
5307
D
Ordinary Shares
2021-08-02
4
S
0
98
30.68
D
5209
D
Dividend Equivalent Units
2021-08-02
4
M
0
17
0
D
Ordinary Shares
17.0
190.0983
D
Restricted Stock Units
2021-08-02
4
M
0
400
0
D
Ordinary Shares
400.0
0
D
Restricted Stock Units
Ordinary Shares
400.0
400
D
Restricted Stock Units
Ordinary Shares
800.0
800
D
Restricted Stock Units
Ordinary Shares
1575.0
1575
D
Restricted Stock Units
Ordinary Shares
3496.0
3496
D
Performance Stock Units
Ordinary Shares
2000.0
2000
D
Performance Stock Units
Ordinary Shares
2179.0
2179
D
Performance Stock Units
Ordinary Shares
3496.0
3496
D
Vesting of final tranche which was awarded on 8/2/2017.
Represents settlement of Dividend Equivalent Units ("DEUs") associated with the Restricted Stock Units ("RSUs") vested.
Reflects shares sold for taxes payable upon the vesting of RSUs.
Each 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 RSUs and/or Performance Stock Units ("PSUs") to which they relate.
A fractional share of DEUs on the RSUs vesting was paid in cash.
The RSUs convert to Ordinary Shares on a one-for-one basis.
The RSUs were awarded on 8/2/2017 and vest in five equal annual installments over four years of which one is remaining on 8/2/2021.
RSUs were awarded on 2/21/18 and vest in five equal installments over four years. The remaining vesting will occur on 2/21/22.
RSUs were awarded on 2/20/19 and vest in five equal installments over four years. The remaining vestings of 400 shares will occur on 2/20/22 and 2/20/23.
RSUs were awarded on 3/2/2020 and vest in five equal installments over four years. The remaining vestings will occur on 3/1/2022, 3/1/2023 and 3/1/2024.
The RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The vestings will occur on each 3/1/2022, 3/1/2023 and 3/1/2024.
The PSUs convert to Ordinary Shares on a one-for-one basis.
The PSUs were awarded on 2/20/2019 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vest in three equal annual installments on each of 2/20/2020, 2/20/2021 and 2/20/2022. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
The PSUs were awarded on 3/2/2020 subject to meeting minimum performance criteria, which was met at 83%. Once earned, the PSUs vest 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 are earned subject to meeting minimum performance criteria. 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.
/s/ Marlene Gordon, Attorney-in-fact for Helmuth Lutty
2021-08-04