Jesus Rodriguez Calvo - Mar 1, 2024 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
Mar 1, 2024
Transactions value $
$0
Form type
4
Date filed
3/5/2024, 09:47 PM
Previous filing
Dec 12, 2023
Next filing
Mar 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDP Ordinary Shares Options Exercise $0 +1.1K +169.43% $0.00 1.75K Mar 2, 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +1.31K +74.4% $0.00 3.06K Mar 2, 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +85 +2.78% $0.00 3.14K Mar 2, 2024 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 -85.4 -23.39% $0.00 280 Mar 2, 2024 Ordinary Shares 85.4 Direct F1, F2
transaction FDP Dividend Equivalent Units Disposed to Issuer $0 -96.2 -34.42% $0.00 183 Mar 1, 2024 Ordinary Shares 96.2 Direct F1, F3
transaction FDP Restricted Stock Units Options Exercise $0 -1.1K -33.29% $0.00 2.21K Mar 2, 2024 Ordinary Shares 1.1K Direct F4, F6
transaction FDP Performance Stock Units Options Exercise $0 -1.31K -49.21% $0.00 1.35K Mar 2, 2024 Ordinary Shares 1.31K Direct F7, F8
transaction FDP Performance Stock Units Disposed to Issuer $0 -3.31K -100% $0.00* 0 Mar 2, 2024 Ordinary Shares 3.31K Direct F7, F9
transaction FDP Performance Stock Units Award $0 +8.62K $0.00 8.62K Mar 1, 2024 Ordinary Shares 8.62K Direct F7, F10
holding FDP Restricted Stock Units 900 Mar 1, 2024 Ordinary Shares 900 Direct F4, 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 ("DEUs") 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 Restricted Stock Units ("RSUs") and/or Performance Stock Units ("PSUs") to which they relate.
F2 A fractional share of DEUs on the PSUs vesting was in cash.
F3 96.2203 DEUs were forfeited because the minimum performance criteria for the vesting of the underlying PSUs were not met,
F4 The 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 over three years. The remaining vestings will occur on 3/2/2025 and 3/2/2026.
F7 The 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. Once earned, the PSUs vest in three annual installments on each of 6/15/2023, 3/2/2024 and 3/2/2025.
F9 The PSUs previously reported as acquired by the reporting person were forfeited because the minimum performance criteria required for vesting were not met.
F10 The PSUs were awarded on 3/1/2024 and are subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 3/1/2025, 3/1/2026 and 3/1/2027.