Statement of Changes in Beneficial Ownership (4)
September 09 2020 - 06:41PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
|
OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
|
Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
|
|
1. Name
and Address of Reporting Person * Beard
Charles Jr. |
2. Issuer Name and Ticker or Trading
Symbol FRESH DEL MONTE PRODUCE INC [ FDP ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)__X__
Director _____
10% Owner
_____ Officer (give title
below) _____ Other
(specify below)
|
(Last)
(First)
(Middle)
C/O FRESH DEL MONTE PRODUCE INC., PO BOX 149222 |
3. Date of Earliest Transaction (MM/DD/YYYY)
9/4/2020
|
(Street)
CORAL GABLES, FL 33114
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Ordinary Shares |
|
|
|
|
|
|
|
680 |
D |
|
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Dividend Equivalent Units |
(1) |
9/4/2020 |
|
A |
|
12.80 |
|
(1) |
(1) |
Ordinary Shares |
12.8 |
$0 |
12.80 |
D |
|
Restricted Stock Units |
(2) |
|
|
|
|
|
|
(3) |
(3) |
Ordinary Shares |
3113.0 |
|
3113 |
D |
|
Explanation of
Responses: |
(1) |
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
criteria based on the underlying Restricted Stock Units ("RSUs") to
which they relate. |
(2) |
The RSUs convert to Ordinary
Shares on a one-for-one basis. |
(3) |
Represents a grant of RSUs
for board service for the 2020-2021 term. 12.5% of these shares
vest on each of July 31, 2020, October 31, 2020, February 28, 2021
and April 30, 2021, and the remaining 50% will vest upon the
six-month anniversary of the date on which the recipient ceases to
serve as a member of the Board of Directors. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Beard Charles Jr.
C/O FRESH DEL MONTE PRODUCE INC.
PO BOX 149222
CORAL GABLES, FL 33114 |
X |
|
|
|
Signatures
|
/s/Marlene M. Gordon, Attorney-in-Fact for
Charles Beard, Jr. |
|
9/9/2020 |
**Signature of
Reporting Person |
Date |