0001047340-23-000094.txt : 20230404
0001047340-23-000094.hdr.sgml : 20230404
20230404210800
ACCESSION NUMBER: 0001047340-23-000094
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230331
FILED AS OF DATE: 20230404
DATE AS OF CHANGE: 20230404
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: 23800940
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_168065686640309.xml
FORM 4
X0407
4
2023-03-31
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
0
Ordinary Shares
6902206
D
Ordinary Shares
20000
I
Held by Spouse
Dividend Equivalent Units
2023-03-31
4
A
0
1138.3095
0
A
Ordinary Shares
1138.3095
3813.9964
D
Employee Stock Options (Right to Buy)
28.89
2024-04-30
Ordinary Shares
64400.0
64400
D
Restricted Stock Units
Ordinary Shares
10000.0
10000
D
Restricted Stock Units
Ordinary Shares
20113.0
20113
D
Restricted Stock Unit
Ordinary Shares
22720.0
22720
D
Performance Stock Units
Ordinary Shares
18302.5035
18302.5035
D
Performance Stock Units
Ordinary Shares
101672.0
101672
D
Performance Stock Units
Ordinary Shares
53013.0
53013
D
Each Dividend Equivalent Unit ("DEUs") represents a contingent right to receive one Ordinary Share of the Issuer. 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 and/or PSUs 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 and/or PSUs are subject to the same restrictions and vesting conditions as the underlying RSUs and/or PSUs.
Stock Options are fully vested.
The RSUs convert to Ordinary Shares on a one-for-one basis.
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 RSUs were awarded on 3/2/2023 and vest in three equal installments on 3/2/2024, 3/2/2025 and 3/2/2026.
The PSUs convert to Ordinary Shares on a one-for-one basis.
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.
The PSUs were awarded on 3/2/2023 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 3/2/2024, 3/2/2025 and 3/2/2026.
/s/ Effie D. Silva, Attorney-in-Fact for Mohammad Abu-Ghazaleh
2023-04-04