Alexandre Apparecido - Mar 5, 2024 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
VP, Global Internal Audit
Signature
/s/ Effie D. Silva, Attorney-in-Fact for Alexandre Apparecido
Stock symbol
FDP
Transactions as of
Mar 5, 2024
Transactions value $
-$19,407
Form type
4
Date filed
3/7/2024, 06:22 PM
Previous filing
Mar 5, 2024
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDP Ordinary Shares Sale -$19.4K -797 -29.76% $24.35 1.88K Mar 5, 2024 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
holding FDP Dividend Equivalent Units 332 Mar 5, 2024 Ordinary Shares 332 Direct F2
holding FDP Restricted Stock Units 500 Mar 5, 2024 Ordinary Shares 500 Direct F3, F4
holding FDP Restricted Stock Units 1K Mar 5, 2024 Ordinary Shares 1K Direct F3, F5
holding FDP Restricted Stock Units 502 Mar 5, 2024 Ordinary Shares 502 Direct F3, F6
holding FDP Restricted Stock Units 1.26K Mar 5, 2024 Ordinary Shares 1.26K Direct F3, F7
holding FDP Performance Stock Units 1.91K Mar 5, 2024 Ordinary Shares 1.91K Direct F8, F9
holding FDP Performance Stock Units 770 Mar 5, 2024 Ordinary Shares 770 Direct F8, F10
holding FDP Performance Stock Units 5.17K Mar 5, 2024 Ordinary Shares 5.17K Direct F8, F11
* 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 Stock Units ("RSUs") and Performance Stock Units ("PSUs").
F2 Each Dividend Equivalent Unit ("DEU") represents a contingent right to received 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 PSUs to which they relate.
F3 The RSUs convert to Ordinary Shares on a one-for-one basis.
F4 The RSUs were awarded on 3/30/2020 and vest in five equal annual installments. The remaining vesting will occur on 3/30/2024.
F5 The RSUs were awarded on 3/30/2021 and vest in five equal annual installments. The remaining vestings will occur on 3/30/2024 and 3/30/2025.
F6 The RSUs were awarded on 6/15/2022 and vest in three equal annual installments. The remaining vesting will occur on 3/2/2025.
F7 The RSUs were awarded on 3/2/2023 and vest in three equal annual installments. The remaining vesting will occur on 3/2/2025.
F8 The PSUs convert to Ordinary Shares on a one-to-one basis.
F9 The PSUs were awarded on 3/1/2021 and subject to meeting minimum performance criteria which was met at 91%. The PSUs vest in three equal annual installments. The remaining vesting will occur on 3/1/2024. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F10 The PSUs were awarded on 6/15/2022 and subject to meeting minimum performance criteria which was met at 97.3%. The PSUs vest in three equal annual installments. The remaining vesting will occur on 3/2/2025.
F11 The PSUs were awarded on 3/1/2024 and are earned 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.