0001047340-23-000030.txt : 20230222 0001047340-23-000030.hdr.sgml : 20230222 20230222215748 ACCESSION NUMBER: 0001047340-23-000030 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230220 FILED AS OF DATE: 20230222 DATE AS OF CHANGE: 20230222 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: 23655752 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: 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_167712105065206.xml FORM 4 X0306 4 2023-02-20 0 0001047340 FRESH DEL MONTE PRODUCE INC FDP 0001732516 Lutty Helmuth C/O FRESH DEL MONTE PRODUCE INC. 241 SEVILLA AVENUE CORAL GABLES FL 33134 0 1 0 0 SVP, Network Shipping & Ops Ordinary Shares 2023-02-20 4 M 0 400 0 A 400 D Ordinary Shares 2023-02-20 4 M 0 23 0 A 423 D Ordinary Shares 2023-02-22 4 S 0 127 30.18 D 296 D Dividend Equivalent Units 2023-02-20 4 M 0 23 0 D Ordinary Shares 23.0 578.9299 D Restricted Stock Units 2023-02-20 4 M 0 400 0 D Ordinary Shares 400.0 0 D Restricted Stock Units Ordinary Shares 1050.0 1050 D Restricted Stock Units Ordinary Shares 2332.0 2332 D Restricted Stock Units Ordinary Shares 2174.0 2174 D Performance Stock Units Ordinary Shares 2000.0 2000 D Performance Stock Units Ordinary Shares 2179.0 2179 D Performance Stock Units Ordinary Shares 3182.0 3182 D Performance Stock Units Ordinary Shares 3574.0 3574 D Reflects shares sold for taxes payable upon the vesting of RSUs. 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. Reflects DEUs received by the Reporting Person as a result of dividend equivalents accrued with respect to outstanding RSUs granted to the Reporting Person. Dividend equivalents are accrued at the same rate and at the same time as dividends are paid to Ordinary Shareholders. Dividend equivalents on RSUs are subject to the same restrictions and vesting conditions as the underlying RSUs. .1017 DEUs were deducted from the total due to fractional shares being paid in cash. 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 of 400 shares will occur on 2/20/2023. 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. RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The remaining vestings will occur on each 3/1/2023 and 3/1/2024. RSUs were awarded on 6/15/2022 and vest in three equal installments over three years. The vestings will occur on 6/15/2023, 3/2/2024 and 3/2/2025. 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%. Once earned, 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 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. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment. The PSUs were awarded on 6/15/2022 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 6/15/2023, 3/2/2024 and 3/2/2025. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment. /s/ Effie D. Silva, Attorney-in-Fact for Helmuth Lutty 2023-02-22