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

Role
VP South America
Signature
/s/ Marlene M. Gordon, Attorney-in-fact for Sergio Mancilla
Stock symbol
FDP
Transactions as of
Mar 1, 2022
Transactions value $
$0
Form type
4
Date filed
3/3/2022, 04:50 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 Share Options Exercise $0 +420 +203.88% $0.00 626 Mar 1, 2022 Direct
transaction FDP Ordinary Share Options Exercise $0 +864 +138.02% $0.00 1.49K Mar 1, 2022 Direct
transaction FDP Ordinary Share Options Exercise $0 +26 +1.74% $0.00 1.52K Mar 1, 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 -26 -1.17% $0.00 2.19K Mar 1, 2022 Ordinary Shares 26 Direct F1, F2
transaction FDP Restricted Stock Units Options Exercise $0 -420 -33.28% $0.00 842 Mar 1, 2022 Ordinary Shares 420 Direct F3, F5
transaction FDP Restricted Stock Units Options Exercise $0 -864 -33.28% $0.00 1.73K Mar 1, 2022 Ordinary Shares 864 Direct F3, F6
transaction FDP Performance Stock Units Disposed to Issuer $0 -233 -8.98% $0.00 2.36K Mar 1, 2022 Ordinary Shares 233 Direct F7, F15, F16
holding FDP Restricted Stock Units 200 Mar 1, 2022 Ordinary Shares 200 Direct F3, F4
holding FDP Performance Stock Units 5K Mar 1, 2022 Ordinary Shares 5K Direct F7, F8
holding FDP Performance Stock Units 5K Mar 1, 2022 Ordinary Shares 5K Direct F7, F9
holding FDP Performance Stock Units 4.75K Mar 1, 2022 Ordinary Shares 4.75K Direct F7, F10
holding FDP Performance Stock Units 4K Mar 1, 2022 Ordinary Shares 4K Direct F7, F11
holding FDP Performance Stock Units 1.78K Mar 1, 2022 Ordinary Shares 1.78K Direct F7, F12
holding FDP Performance Stock Units 2K Mar 1, 2022 Ordinary Shares 2K Direct F7, F13
holding FDP Performance Stock Units 1.75K Mar 1, 2022 Ordinary Shares 1.75K Direct F7, F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 and/or performance criteria based on the underlying Restricted Stock Units ("RSUs") and/or Performance Stock Units ("PSUs") to which they relate.
F2 A fractional share of DEUs on the RSUs vesting was paid in cash and 3.9946 DEUs were cancelled since performance criteria on underlying PSUs were met at 91%.
F3 The RSUs convert to Ordinary Shares on a one-for-one basis.
F4 RSUs were awarded on 2/20/19 and vest in five equal installments over four years. The remaining vesting will occur on 2/20/23.
F5 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.
F6 The RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The remaining vestings will occur on 3/1/2023 and 3/1/2024.
F7 The PSUs convert to Ordinary Shares on a one-for-one basis.
F8 The PSUs were awarded 2/20/2013 and subject to meeting minimum performance criteria which was met at 100%. The PSUs vested in three equal annual installments on each of 2/20/2014, 2/20/2015 and 2/20/2016. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F9 The PSUs were awarded 2/19/2014 and subject to meeting minimum performance criteria which was met at 100%. The PSUs vested in three equal annual installments on each of 2/19/2015, 2/19/2016 and 2/19/2017. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F10 The PSUs were awarded 2/18/2015 and subject to meeting minimum performance criteria which was met at 95%. The PSUs vested in three equal annual installments on each of 2/18/2016, 2/18/2017 and 2/18/2018. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F11 The PSUs were awarded 2/24/2016 and subject to meeting minimum performance criteria which was met at 100%. The PSUs vested in three equal annual installments on each of 2/24/2017, 2/24/2018 and 2/24/2019. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F12 The PSUs were awarded on 2/22/2017 and subject to meeting minimum performance criteria which was met at 88.8%. The PSUs vested between 2/22/2018 and 2/22/2020. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F13 The PSUs were awarded 2/20/2019 and subject to meeting minimum performance criteria which was met at 100%. The PSUs vest in three equal annual installments on each of 2/20/2020, 2/20/2021 and 2/20/2022. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F14 The PSUs were awarded on 3/2/2020 and subject to meeting minimum performance criteria which was met at 83%. Once earned, the PSUs vest in three equal annual installments on each of 3/1/2021, 3/1/2022 and 3/1/2023. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F15 Since the performance criteria was met at 91%, 233 PSUs previously reported on Form 4 were cancelled.
F16 The PSUs were awarded on 3/1/2021 and subject to meeting minimum performance criteria which was met at 91%. Once earned, the PSUs vest in three equal annual installments on each of 3/1/2022, 3/1/2023 and 3/1/2024. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.