0001732516-22-000002.txt : 20221110
0001732516-22-000002.hdr.sgml : 20221110
20221110195555
ACCESSION NUMBER: 0001732516-22-000002
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221108
FILED AS OF DATE: 20221110
DATE AS OF CHANGE: 20221110
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: 221379200
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_166812813236027.xml
FORM 4
X0306
4
2022-11-08
0
0001047340
FRESH DEL MONTE PRODUCE INC
FDP
0001732516
Lutty Helmuth
C/O FRESH DEL MONTE PRODUCE INC.
PO BOX 149222
FL
33114
0
1
0
0
SVP, Network Shipping & Ops
Ordinary Shares
2022-11-08
4
S
0
7159
28.0015
D
0
D
Dividend Equivalent Units
Ordinary Shares
504.6317
504.6317
D
Restricted Stock Units
Ordinary Shares
400.0
400
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
Represents the weighted average price of the shares purchased. The prices of the shares purchased pursuant to the transaction ranged from $27.85 to $28.20 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 ("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.
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
2022-11-10