Sec Form 4 Filing - Cloyd Mary Ann @ FRESH DEL MONTE PRODUCE INC - 2020-11-02

Insider filing report for Changes in Beneficial Ownership
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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
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
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1. Name and Address of Reporting Person
Cloyd Mary Ann
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/YY)
11/02/2020
(Street)
CORAL GABLES, FL33114
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 11/02/2020 M 446 ( 1 ) A $ 0 4,950 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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 Unit ( 2 ) 11/02/2020 M 445 ( 3 ) ( 3 ) Ordinary Shares 445 $ 0 2,668 D
Dividend Equivalent Units ( 4 ) 11/02/2020 M 1 ( 4 ) ( 4 ) Ordinary Shares 1 $ 0 11.8 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Cloyd Mary Ann
C/O FRESH DEL MONTE PRODUCE INC
PO BOX 149222
CORAL GABLES, FL33114
X
Signatures
/s/ Marlene M. Gordon, Attorney-in-fact for Mary Ann Cloyd 11/04/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Vesting of second traunch of Restricted Stock Units ("RSUs") awarded 4/28/2020.
( 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.
( 4 )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 RSUs to which they relate.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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