Mary Ann Cloyd - Jan 31, 2022 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
Director
Signature
/s/ Marlene M. Gordon, Attorney-in-fact for Mary Ann Cloyd
Stock symbol
FDP
Transactions as of
Jan 31, 2022
Transactions value $
$0
Form type
4
Date filed
2/2/2022, 06:27 PM
Previous filing
Jan 4, 2022
Next filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDP Ordinary Shares Options Exercise $0 +1.08K +11.03% $0.00 10.9K Jan 31, 2022 Direct
transaction FDP Ordinary Shares Options Exercise $0 +14 +0.13% $0.00 10.9K Jan 31, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FDP Dividend Equivalent Units Options Exercise $0 -14 -48.7% $0.00 14.7 Jan 31, 2022 Ordinary Shares 14 Direct F1, F2
transaction FDP Restricted Stock Unit Options Exercise $0 -1.08K -50.02% $0.00 1.08K Jan 31, 2022 Ordinary Shares 1.08K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Dividend Equivalent Unite ("DEU") represents 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.
F2 .7606 DEUs were deducted from the total due to fractional shares being paid in cash.
F3 The RSUs convert to Ordinary Shares on a one-for-one basis.
F4 Represents a grant of RSUs for board service for the 2021-2022 term. The remaining shares will vest on April 30, 2022.