Ziad Nabulsi - Mar 1, 2022 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
SVP, North American Operations
Signature
/s/ Marlene Gordon, as Attorney-in-Fact for Ziad Nabulsi
Stock symbol
FDP
Transactions as of
Mar 1, 2022
Transactions value $
-$5,059
Form type
4
Date filed
3/3/2022, 04:33 PM
Previous filing
Feb 24, 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 +150 +23.15% $0.00 798 Mar 1, 2022 Direct
transaction FDP Ordinary Shares Options Exercise $0 +646 +80.95% $0.00 1.44K Mar 1, 2022 Direct
transaction FDP Ordinary Shares Options Exercise $0 +15 +1.04% $0.00 1.46K Mar 1, 2022 Direct
transaction FDP Ordinary Shares Sale -$5.06K -193 -13.23% $26.21 1.27K Mar 1, 2022 Direct F1

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 -15 -29.47% $0.00 35.9 Mar 1, 2022 Ordinary Shares 15 Direct F2, F3
transaction FDP Restricted Stock Units Options Exercise $0 -150 -33.33% $0.00 300 Mar 1, 2022 Ordinary Shares 150 Direct F4, F6
transaction FDP Restricted Stock Units Options Exercise $0 -646 -33.26% $0.00 1.3K Mar 1, 2022 Ordinary Shares 646 Direct F4, F7
holding FDP Restricted Stock Units 150 Mar 1, 2022 Ordinary Shares 150 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares sold for taxes payable upon the vesting of Restricted Stock Units ("RSUs").
F2 Reflects Dividend Equivalent Units ("DEUs") received by the Reporting Person as a result of dividend equivalents accrued with respect to outstanding RSUs and/or Performance Stock Units ("PSUs") granted to the Reporting Person. Dividend equivalents are accrued at the same rate and at the same time as dividends are paid to Ordinary Shareholders. Dividend equivalents on RSUs and/or PSUs are subject to the same restrictions and vesting conditions as the underlying RSUs and/or PSUs.
F3 A fractional share of DEUs on the RSUs vesting was paid in cash.
F4 The RSUs convert to Ordinary Shares on a one-for-one basis.
F5 RSUs were awarded on 2/20/19 and vested in five equal installments over four years. The remaining vesting will occur in 2/20/23.
F6 RSUs were awarded on 3/2/2020 and vest in five equal installments over four years. The remaining vestings will occur on 3/1/2023 and 3/1/2024.
F7 RSUs were awarded on 3/1/2021 and vest in three equal installment over three years. The remaining vestings will occur on 3/1/2023 and 3/1/2024.