Statement of Changes in Beneficial Ownership (4)
February 23 2018 - 5:05PM
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
*
Zakharia Youssef
|
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)
_____ Director
_____ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
President and COO
|
(Last)
(First)
(Middle)
C/O FRESH DEL MONTE PRODUCE INC., P.O. BOX 14922
|
3. Date of Earliest Transaction
(MM/DD/YYYY)
2/21/2018
|
(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
|
2/21/2018
|
|
M
|
|
1600
(1)
|
A
|
$0
|
2005
|
D
|
|
Ordinary Shares
|
2/21/2018
|
|
S
|
|
619
(2)
|
D
|
$46.75
|
1386
|
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
|
Restricted Stock Units
|
$46.35
|
2/21/2018
|
|
A
|
|
8000
|
|
(3)
|
(4)
|
Ordinary Shares
|
8000.0
|
$0
|
8000
|
D
|
|
Restricted Stock Units
(3)
|
$46.35
|
2/21/2018
|
|
M
|
|
|
1600
|
(3)
|
(4)
|
Ordinary Shares
|
1600.0
|
$0
|
6400
|
D
|
|
Explanation of Responses:
|
(1)
|
Represents the number of ordinary shares that were acquired in connection with the settlement of the RSUs listed in Table II.
|
(2)
|
Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of the RSUs listed in Table II. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
|
(3)
|
RSUs are granted under the Fresh Del Monte Produce Inc. 2014 Omnibus Share Incentive Plan. Each RSU represents a contingent right to receive one ordinary share of FDP. The RSUs vest in five equal annual installments of which four are remaining on each of 2/21/2019, 2/21/2020, 2/21/2021 and 2/21/2022.
|
(4)
|
RSUs do not have an expiration date.
|
Reporting Owners
|
Reporting Owner Name / Address
|
Relationships
|
Director
|
10% Owner
|
Officer
|
Other
|
Zakharia Youssef
C/O FRESH DEL MONTE PRODUCE INC.
P.O. BOX 14922
CORAL GABLES, FL 33114
|
|
|
President and COO
|
|
Signatures
|
/s/Bruce Jordan, Attorney-in-fact for Youssef Zakharia
|
|
2/23/2018
|
**
Signature of Reporting Person
|
Date
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
|
*
|
If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
|
**
|
Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
|
Note:
|
File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
|
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
|
Fresh Del Monte Produce (NYSE:FDP)
Historical Stock Chart
From Mar 2024 to Apr 2024
Fresh Del Monte Produce (NYSE:FDP)
Historical Stock Chart
From Apr 2023 to Apr 2024