SVP of Fresh Del Monte Produce just cashed-in 28,000 options


Jean-Pierre Bartoli, SVP of Fresh Del Monte Produce, recently cashed-in 28,000 options. The options were exercised at prices ranging between $21.72 and $24.29, while the disposals took place at $31.46 per share, on August 12, 2014. Bartoli no longer owns any shares of the company. Bartoli operates out of Coral Gables, FL. Some additional info was provided as follows:

This represents the weighted average sales price of the shares. The shares were sold at a price ranging from $31.45 to $31.57. Mr. Bartoli will provide, upon request of the SEC staff, Fresh Del Monte Produce., or a shareholder of Fresh Del Monte Produce Inc., complete information regarding the number of shares sold at each price within the range. The option is currently exercisable with repect to all und erlying shares. The option is currently exercisable with respect to 8,000 shares. The option will become exercisable with respect to an additional 4,000 shares on 8/3/2015. The option is currently exercisable with respect to 10,000 shares. The option will become exercisable with respect to an additional 5,000 shares on each 8/1/2015 and 8/1/2016.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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