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

Role: Chief Operating Officer
Signature: /s/ Effie D. Silva, Attorney-in-Fact for Mohammed Abbas
Stock symbol: FDP
Transactions as of: Mar 5, 2024
Transactions value $: -$78,456
Form type: 4
Date filed: 3/7/2024, 06:23 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	-$78.5K	-3.22K	-9.71%	$24.35	29.9K	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						2.15K	Mar 5, 2024	Ordinary Shares	2.15K		Direct	F2
holding	FDP	Restricted Stock Units						2.84K	Mar 5, 2024	Ordinary Shares	2.84K		Direct	F3, F4
holding	FDP	Restricted Stock Units						7.16K	Mar 5, 2024	Ordinary Shares	7.16K		Direct	F3, F5
holding	FDP	Performance Stock Units						4K	Mar 5, 2024	Ordinary Shares	4K		Direct	F6, F7
holding	FDP	Performance Stock Units						3.55K	Mar 5, 2024	Ordinary Shares	3.55K		Direct	F6, F8
holding	FDP	Performance Stock Units						3K	Mar 5, 2024	Ordinary Shares	3K		Direct	F6, F9
holding	FDP	Performance Stock Units						1.95K	Mar 5, 2024	Ordinary Shares	1.95K		Direct	F6, F10
holding	FDP	Performance Stock Units						3.79K	Mar 5, 2024	Ordinary Shares	3.79K		Direct	F6, F11
holding	FDP	Performance Stock Units						3.27K	Mar 5, 2024	Ordinary Shares	3.27K		Direct	F6, F12
holding	FDP	Performance Stock Units						29.7K	Mar 5, 2024	Ordinary Shares	29.7K		Direct	F6, F13

* 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 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 PSUs to which they relate.
F3	The RSUs convert to Ordinary Shares on a one-for-one basis.
F4	The RSUs were awarded on 6/15/2022 and vest in three equal installments over three years. The remaining vesting occurs on 3/2/2025.
F5	The RSUs were awarded on 3/2/2023 and vest in three equal annual installments over three years. The remaining vestings will occur on 3/2/2025 and 3/2/2026.
F6	The PSUs convert to Ordinary Shares on a one-for-one basis.
F7	The PSUs were awarded on 2/24/2016 subject to meeting minimum performance criteria, which was met at a 100%. The PSUs vested in three equal annual installments on each of 2/24/2017, 2/24/2018 and 2/24/2019. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F8	The PSUs were awarded on 2/22/2017 subject to meeting minimum performance criteria, which was met at a 88.8%. The PSUs vested in three equal annual installments on each of 2/22/2018, 2/22/2019 and 2/22/2020. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F9	The PSUs were awarded on 2/20/2019 subject to meeting minimum performance criteria, which was met at a 100%. The PSUs vested in three equal annual installments on each of 2/20/2020, 2/20/2021 and 2/20/2022. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F10	The PSUs were awarded on 3/2/2020 and are earned subject to meeting minimum performance criteria which was met at 83%. The PSUs vested in three equal annual installments on each of 3/1/2021, 3/1/2022 and 3/1/2023. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F11	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.
F12	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.
F13	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 installments on each of 3/1/2025, 3/1/2026 and 3/1/2027.