Monica Vicente - Apr 1, 2022 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Signature
/s/ Marlene Gordon, as Attorney-in-Fact for Monica Vicente
Stock symbol
FDP
Transactions as of
Apr 1, 2022
Transactions value $
$0
Form type
4
Date filed
4/5/2022, 05:54 PM
Next filing
Jun 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FDP Ordinary Shares 933 Apr 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 Award $0 +10.7 +27.5% $0.00 49.5 Apr 1, 2022 Ordinary Shares 10.7 Direct F1
holding FDP Restricted Stock Units 150 Apr 1, 2022 Ordinary Share 150 Direct F2, F3
holding FDP Restricted Stock Units 400 Apr 1, 2022 Ordinary Shares 400 Direct F2, F4
holding FDP Performance Stock Units 1.3K Apr 1, 2022 Ordinary Shares 1.3K Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Dividend Equivalent Unit ("DEU") represents 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 The RSUs convert to Ordinary Shares on a one-for-one basis.
F3 RSUs were awarded on 2/20/19 and vested in five equal installments over four years. The remaining vesting of 150 shares will occur on 2/20/23.
F4 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.
F5 The RSUs were awarded on 3/1/2021 and vest in three equal installment over three years. The remaining vestings will occur on 3/1/2022, 3/1/2023 and 3/1/2024.