Jesus Rodriguez Calvo - Dec 1, 2023 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
SVP, NA Sales & Marketing
Signature
/s/ Effie D. Silva, Attorney-in-Fact for Jesus Rodriguez Calvo
Stock symbol
FDP
Transactions as of
Dec 1, 2023
Transactions value $
-$7,274
Form type
4
Date filed
12/5/2023, 08:51 PM
Previous filing
Sep 12, 2023
Next filing
Dec 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDP Ordinary Shares Options Exercise $0 +900 $0.00 900 Dec 1, 2023 Direct
transaction FDP Ordinary Shares Options Exercise $0 +56 +6.22% $0.00 956 Dec 1, 2023 Direct
transaction FDP Ordinary Shares Sale -$7.27K -305 -31.9% $23.85 651 Dec 5, 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 -56 -16.8% $0.00 277 Dec 1, 2023 Ordinary Shares 56 Direct F2, F3
transaction FDP Restricted Stock Units Options Exercise $0 -900 -50% $0.00 900 Dec 1, 2023 Ordinary Shares 900 Direct F4, F5
holding FDP Restricted Stock Units 3.31K Dec 1, 2023 Ordinary Shares 3.31K Direct F4, F6
holding FDP Performance Stock Units 2.65K Dec 1, 2023 Ordinary Shares 2.65K Direct F7, F8
holding FDP Performance Stock Units 3.31K Dec 1, 2023 Ordinary Shares 3.31K Direct F7, F9
* 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 the Restricted Stock Units ("RSUs").
F2 Each Dividend Equivalent Unit ("DEU") represents a contingent right to receive one Ordinary Share of the Issuer. 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 .1231 DEUs were deducted from the total due to fractional shares being paid in cash.
F4 RSUs convert to Ordinary Shares on a one-for-one basis.
F5 The RSUs were awarded on 12/1/2020 and vest in five equal installments over four years. The remaining vesting will occur on 12/1/2024.
F6 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.
F7 PSUs convert to Ordinary Shares on a one-for-one basis.
F8 The PSUs were awarded on 6/15/2022 and are earned subject to meeting minimum performance criteria, which was met at 97.3%. The PSUs vest in three equal annual installments and the remaining vestings will occur on each of 3/2/2024 and 3/2/2025.
F9 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.