Form Type: 4

SEC EDGAR Link
Accession Number:0001047340-21-000172
Date:2021-06-04
Issuer: FRESH DEL MONTE PRODUCE INC (FDP)
Original Submission Date:

Reporting Person:

ABU-GHAZALEH MOHAMMAD
C/O FRESH DEL MONTE PRODUCE INC.
P.O. BOX 149222 CORAL GABLES, FL 33114

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
ORDINARY SHARES 2021-06-04 S 11,956 d $34.85 6,837,843 direct
ORDINARY SHARES 2021-06-07 S 13,876 d $34.96 6,823,967 direct
ORDINARY SHARES 2021-06-08 S 15,017 d $35.03 6,808,950 direct
ORDINARY SHARES 2021-06-04 0 $0.00 20,000 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
DIVIDEND EQUIVALENT UNITS 0.0 2021-06-04 deemed execution date 0 ( ) ordinary shares 2,207 $0.00 2,207 direct
EMPLOYEE STOCK OPTIONS (RIGHT TO BUY) 26.52 2021-06-04 deemed execution date 0 ( ) 2023-02-20 ordinary shares 32,200 $26.52 32,200 direct
EMPLOYEE STOCK OPTIONS (RIGHT TO BUY) 28.89 2021-06-04 deemed execution date 0 ( ) 2024-04-30 ordinary shares 64,400 $28.89 64,400 direct
RESTRICTED STOCK UNIT 0.0 2021-06-04 deemed execution date 0 ( ) ordinary shares 10,000 $0.00 10,000 direct
RESTRICTED STOCK UNIT 0.0 2021-06-04 deemed execution date 0 ( ) ordinary shares 20,000 $0.00 20,000 direct
RESTRICTED STOCK UNITS 0.0 2021-06-04 deemed execution date 0 ( ) ordinary shares 30,000 $0.00 30,000 direct
RESTRICTED STOCK UNITS 0.0 2021-06-04 deemed execution date 0 ( ) ordinary shares 60,217 $0.00 60,217 direct
PERFORMANCE STOCK UNITS 0.0 2021-06-04 deemed execution date 0 ( ) ordinary shares 13,335 $0.00 13,335 direct
PERFORMANCE STOCK UNITS 0.0 2021-06-04 deemed execution date 0 ( ) ordinary shares 22,134 $0.00 22,134 direct
PERFORMANCE STOCK UNITS 0.0 2021-06-04 deemed execution date 0 ( ) ordinary shares 60,217 $0.00 60,217 direct
Footnotes
IDfootnote
f1 represents the weighted average price of the shares sold. the prices of the shares sold pursuant to the transaction ranged from $34.61 to $35.05 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 sold at each separate price.
f2 represents the weighted average price of the shares sold. the prices of the shares sold pursuant to the transaction ranged from $34.72 to $35.12 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 sold at each separate price.
f3 represents the weighted average price of the shares sold. the prices of the shares sold pursuant to the transaction ranged from $34.74 to $35.20 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 sold at each separate price.
f4 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.
f5 stock options are fully vested.
f6 the rsus convert to ordinary shares on a one-for-one basis.
f7 rsus were awarded on 2/21/18 and vest in five equal installments over four years. the remaining vesting will occur on 2/21/22.
f8 rsus were awarded on 2/20/19 and vest in five equal installments over four years. the remaining vestings will occur on 2/20/22 and 2/20/23.
f9 rsus were awarded on 3/2/2020 and vest in five equal installments over four years. the remaining vestings will occur on 3/1/2022, 3/1/2023 and 3/1/2024.
f10 the rsus were awarded on 3/1/2021 and vest in three equal installments over three years. the vestings will occur on each 3/1/2022, 3/1/2023 and 3/1/2024.
f11 the psus convert to ordinary shares on a one-for-one basis.
f12 the psus were subject to meeting minimum performance criteria set by the compensation committee of the board of directors of fdp, which was met at 100%. the psus vest in three equal annual installments on each of 2/20/2020, 2/20/2021 and 2/20/2022.
f13 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.
f14 the psus were awarded on 3/1/2021 and are earned subject to meeting minimum performance criteria. once earned, the psus vest in three equal annual installments on each of 3/1/2022, 3/1/2023 and 3/1/2024.

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