0001047340-23-000013.txt : 20230222
0001047340-23-000013.hdr.sgml : 20230222
20230222170825
ACCESSION NUMBER: 0001047340-23-000013
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230217
FILED AS OF DATE: 20230222
DATE AS OF CHANGE: 20230222
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: 23654466
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_167710368329387.xml
FORM 4
X0306
4
2023-02-17
0
0001047340
FRESH DEL MONTE PRODUCE INC
FDP
0001418036
ABU-GHAZALEH MOHAMMAD
C/O FRESH DEL MONTE PRODUCE INC.
241 SEVILLA AVENUE
CORAL GABLES
FL
33134
1
1
1
0
Chairman and CEO
Ordinary Shares
2023-02-17
4
M
0
32200
26.52
A
6859857
D
Ordinary Shares
2023-02-17
4
F
0
30282
28.20
D
6829575
D
Ordinary Shares
20000
I
Held by Spouse
Dividend Equivalent Units
Ordinary Shares
5941.5356
5941.5356
D
Employee Stock Options (Right to Buy)
26.52
2023-02-17
4
M
0
32200
0
D
2023-02-20
Ordinary Shares
32200.0
0
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
Performance Stock Units
Ordinary Shares
101672.0
101672
D
Reflects shares withheld to pay the exercise price of the Employee Stock Options.
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.
The PSUs were awarded on 7/6/2022 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal installments on each of 7/6/2023, 3/2/2024 and 3/2/2025.
/s/ Effie D. Silva, Attorney-in-Fact for Mohammad Abu-Ghazaleh
2023-02-22