|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
|
| ||||||||||||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction 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 (Month/Day/Year) |
7. Title and Amount of Underlying Securities (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 | $ 33.44 | 02/19/2015(4) | M | 10,000 | (2) | (5) | Ordinary Shares | 10,000 | $ 0 | 40,000 | D | ||||
Performance Stock Units (3) | (3) | 03/02/2015 | M | 33,333 | (3) | (5) | Ordinary Shares | 33,333 | $ 0 | 0 | D | ||||
Dividend Equivalent Units (6) | (6) | 03/02/2015 | M | 857 | (6) | (5) | Ordinary Shares | 857 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
ABU-GHAZALEH MOHAMMAD C/O FRESH DEL MONTE PRODUCE INC. P.O. BOX 149222 CORAL GABLES, FL 33114 |
X | X | Chairman and CEO |
/s/ Bruce Jordan, Attorney-in-fact for Mohammad Abu-Ghazaleh | 03/03/2015 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | Represents the number of ordinary shares that were acquired in connection with the settlement of the Restricted Stock Units (RSUs) listed in Table II. |
(2) | Each RSU represents a contingent right to receive one ordinary share of FDP. The remaining RSUs will vest in four equal annual installments on each of 2/18/2016 and 2/18/2017, 2/18/2018 and 2/18/2019. |
(3) | Each Performance Stock Unit (PSU) represents a contingent right to receive one ordinary share of FDP. PSUs are subject to meeting minimum performance criteria set by the Compensation Committee of the Board of Directors of FDP. Such criteria has been met and 33,333 of these PSUs are fully vested. The Reporting Person elected to defer settlement of such PSUs. Settlement occurred on the transaction date indicated in Table II. |
(4) | Transaction date reflects the date on which the conversion of the RSUs, which vested on February 18, 2015, occurred. |
(5) | RSUs/PSUs and associated Dividend Equivalent Units (DEUs) do not have an expiration date. |
(6) | Each DEU represents a contingent right to receive one ordinary share of FDP. DEUs are subject to meeting minimum performance criteria set by the Compensation Committee of the Board of Directors of FDP. Such criteria has been met and 857 of these DEUs are fully vested. The Reporting Person elected to defer settlement of such DEUs. Settlement ocurred on the transaction date indicated in Table II. |