0001047340-22-000054.txt : 20220303
0001047340-22-000054.hdr.sgml : 20220303
20220303171918
ACCESSION NUMBER: 0001047340-22-000054
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220301
FILED AS OF DATE: 20220303
DATE AS OF CHANGE: 20220303
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: 22710345
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: 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_164634591358227.xml
FORM 4
X0306
4
2022-03-01
0
0001047340
FRESH DEL MONTE PRODUCE INC
FDP
0001418036
ABU-GHAZALEH MOHAMMAD
C/O FRESH DEL MONTE PRODUCE INC.
P.O. BOX 149222
CORAL GABLES
FL
33134
1
1
1
0
Chairman and CEO
Ordinary Shares
2022-03-01
4
M
0
10000
0
A
6757029
D
Ordinary Shares
2022-03-01
4
M
0
11066
0
A
6768095
D
Ordinary Shares
2022-03-01
4
M
0
20052
0
A
6788147
D
Ordinary Shares
2022-03-01
4
M
0
18248
0
A
6806395
D
Ordinary Shares
2022-03-01
4
M
0
1262
0
A
6807657
D
Ordinary Shares
20000
I
Held by Spouse
Dividend Equivalent Units
2022-03-01
4
M
0
1262
0
D
Ordinary Shares
1262.0
2546.7639
D
Employee Stock Options (Right to Buy)
26.52
2023-02-20
Ordinary Shares
32200.0
32200
D
Employee Stock Options (Right to Buy)
28.89
2024-04-30
Ordinary Shares
64400.0
64400
D
Restricted Stock Unit
Ordinary Shares
10000.0
10000
D
Restricted Stock Units
2022-03-01
4
M
0
10000
0
D
Ordinary Shares
10000.0
20000
D
Restricted Stock Units
2022-03-01
4
M
0
20052
0
D
Ordinary Shares
20052.0
40165
D
Performance Stock Units
2022-03-01
4
M
0
11066
0
D
Ordinary Shares
11066.0
11068
D
Performance Stock Units
2022-03-01
4
D
0
5418.50
0
D
Ordinary Shares
5418.5
54798.50
D
Performance Stock Units
2022-03-01
4
M
0
18248
0
D
Ordinary Shares
18248.0
36550.50
D
Each Dividend Equivalent Unit ("DEUs") represent 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.
A fractional share of DEUs on the RSUs and PSUs vesting was paid in cash and 92.9287 DEUs were cancelled since performance criteria on underlying PSUs were met at 91%.
Stock Options are fully vested.
The RSUs convert to Ordinary Shares on a one-for-one basis.
RSUs were awarded on 2/20/19 and vest in five equal installments over four years. The remaining vesting will occur on 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 3/1/2023 and 3/1/2024.
The RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The remaining vestings will occur on 3/1/2023 and 3/1/2024.
The PSUs convert to Ordinary Shares on a one-for-one basis.
The PSUs were awarded on 3/2/2020 and 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.
Since the performance criteria was met at 91%, 5418.5 PSUs previously reported on Form 4 were cancelled.
The PSUs were awarded on 3/1/2021 and subject to meeting minimum performance criteria which was met at 91%. Once earned, the PSUs vest in three equal annual installments on each of 3/1/2022, 3/1/2023 and 3/1/2024.
/s/ Marlene M. Gordon, Attorney-in-fact for Mohammad Abu-Ghazaleh
2022-03-03