Form Type: 4

SEC EDGAR Link
Accession Number:0001047340-21-000242
Date:2021-08-02
Issuer: FRESH DEL MONTE PRODUCE INC (FDP)
Original Submission Date:

Reporting Person:

LUTTY HELMUTH
C/O FRESH DEL MONTE PRODUCE INC.
PO BOX 149222, 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 2021-08-02 M 400 a $0.00 5,290 direct
ORDINARY SHARES 2021-08-02 M 17 a $0.00 5,307 direct
ORDINARY SHARES 2021-08-02 S 98 d $30.68 5,209 direct
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 2021-08-02 deemed execution date M 17 (d) ordinary shares 17 $0.00 190 direct
RESTRICTED STOCK UNITS 0.0 2021-08-02 deemed execution date M 400 (d) ordinary shares 400 $0.00 0 direct
RESTRICTED STOCK UNITS 0.0 deemed execution date 0 ( ) ordinary shares 400 $0.00 400 direct
RESTRICTED STOCK UNITS 0.0 deemed execution date 0 ( ) ordinary shares 800 $0.00 800 direct
RESTRICTED STOCK UNITS 0.0 deemed execution date 0 ( ) ordinary shares 1,575 $0.00 1,575 direct
RESTRICTED STOCK UNITS 0.0 deemed execution date 0 ( ) ordinary shares 3,496 $0.00 3,496 direct
PERFORMANCE STOCK UNITS 0.0 deemed execution date 0 ( ) ordinary shares 2,000 $0.00 2,000 direct
PERFORMANCE STOCK UNITS 0.0 deemed execution date 0 ( ) ordinary shares 2,179 $0.00 2,179 direct
PERFORMANCE STOCK UNITS 0.0 deemed execution date 0 ( ) ordinary shares 3,496 $0.00 3,496 direct
Footnotes
IDfootnote
f1 vesting of final tranche which was awarded on 8/2/2017.
f2 represents settlement of dividend equivalent units ("deus") associated with the restricted stock units ("rsus") vested.
f3 reflects shares sold for taxes payable upon the vesting of rsus.
f4 each 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 rsus and/or performance stock units ("psus") to which they relate.
f5 a fractional share of deus on the rsus vesting was paid in cash.
f6 the rsus convert to ordinary shares on a one-for-one basis.
f7 the rsus were awarded on 8/2/2017 and vest in five equal annual installments over four years of which one is remaining on 8/2/2021.
f8 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.
f9 rsus were awarded on 2/20/19 and vest in five equal installments over four years. the remaining vestings of 400 shares will occur on 2/20/22 and 2/20/23.
f10 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.
f11 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.
f12 the psus convert to ordinary shares on a one-for-one basis.
f13 the psus were awarded on 2/20/2019 subject to meeting minimum performance criteria, 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. psus and associated deus will settle on the six-month anniversary after termination of employment.
f14 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.
f15 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. psus and associated deus will settle on the six-month anniversary after termination of employment.
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