Monica Vicente - Mar 1, 2023 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
SVP, Chief Financial Officer
Signature
/s/ Effie D. Silva, Attorney-in-Fact for Monica Vicente
Stock symbol
FDP
Transactions as of
Mar 1, 2023
Transactions value $
-$8,337
Form type
4
Date filed
3/3/2023, 04:52 PM
Previous filing
Feb 22, 2023
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDP Ordinary Shares Options Exercise $0 +200 +19.18% $0.00 1.24K Mar 1, 2023 Direct
transaction FDP Ordinary Shares Options Exercise $0 +647 +52.05% $0.00 1.89K Mar 1, 2023 Direct
transaction FDP Ordinary Shares Options Exercise $0 +36 +1.9% $0.00 1.93K Mar 1, 2023 Direct
transaction FDP Ordinary Shares Sale -$8.34K -264 -13.71% $31.58 1.66K Mar 1, 2023 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 -36 -29.66% $0.00 85.4 Mar 1, 2023 Ordinary Shares 36 Direct F2, F3
transaction FDP Restricted Stock Units Options Exercise $0 -200 -50% $0.00 200 Mar 1, 2023 Ordinary Shares 200 Direct F4, F5
transaction FDP Restricted Stock Units Options Exercise $0 -647 -49.92% $0.00 649 Mar 1, 2023 Ordinary Shares 647 Direct F4, F6
transaction FDP Restricted Stock Units Award $0 +3.83K $0.00 3.83K Mar 2, 2023 Ordinary Shares 3.83K Direct F4, F8
transaction FDP Performance Stock Units Award $0 +3.83K $0.00 3.83K Mar 2, 2023 Ordinary Shares 3.83K Direct F9, F11
holding FDP Restricted Stock Units 1.65K Mar 1, 2023 Ordinary Shares 1.65K Direct F4, F7
holding FDP Performance Stock Units 2.54K Mar 1, 2023 Ordinary Shares 2.54K Direct F9, F10
* 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 Share Units ("RSUs").
F2 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 RSUs and/or Performance Stock Units ("PSUs") to which they relate.
F3 1.1496 DEUs were deducted from the total due to fractional shares being paid in cash.
F4 The RSUs convert to Ordinary Shares on a one-for-one basis.
F5 The RSUs were awarded on 3/2/2020 and vest in five equal installments over four years. The remaining vesting will occur on 3/1/2024.
F6 The RSUs were awarded on 3/1/2021 and vest in three equal installment over three years. The remaining vesting will occur on 3/1/2024.
F7 RSUs were awarded on 6/15/2022 and vest in three equal installments over three years. The vestings will occur on 6/15/2023, 3/2/2024 and 3/2/2025.
F8 The RSUs were awarded on 3/2/2023 and vest in three equal installments on 3/2/2024, 3/2/2025 and 3/2/2026.
F9 The PSUs convert to Ordinary Shares on a one-for-one basis.
F10 The PSUs were awarded on 6/15/2022 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 6/15/2023, 3/2/2024 and 3/2/2025.
F11 The PSUs were awarded on 3/2/2023 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 3/2/2024, 3/2/2025 and 3/2/2026.