0001047340-22-000145.txt : 20220531
0001047340-22-000145.hdr.sgml : 20220531
20220531143104
ACCESSION NUMBER: 0001047340-22-000145
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220526
FILED AS OF DATE: 20220531
DATE AS OF CHANGE: 20220531
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: 22982520
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: 1230
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_165402184835746.xml
FORM 4
X0306
4
2022-05-26
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
2022-05-26
4
P
0
19361
25.27
A
6827018
D
Ordinary Shares
2022-05-27
4
P
0
639
25.82
A
6827657
D
Ordinary Shares
20000
I
Held by Spouse
Dividend Equivalent Units
Ordinary Shares
3227.8745
3227.8745
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
Ordinary Shares
20000.0
20000
D
Restricted Stock Units
Ordinary Shares
40165.0
40165
D
Performance Stock Units
Ordinary Shares
11068.0
11068
D
Performance Stock Units
Ordinary Shares
36550.5
36550.50
D
Represents the weighted average price of the shares purchased. The prices of the shares purchased pursuant to the transaction ranged from $24.92 to $25.43 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares purchased at each separate price.
Represents the weighted average price of the shares purchased. The prices of the shares purchased pursuant to the transaction ranged from $25.75 to $25.90 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares purchased at each separate price.
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.
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.
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/ Effie D. Silva, Attorney-in-Fact for Mohammad Abu-Ghazaleh
2022-05-31