Alexandre Apparecido - Aug 15, 2024 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Signature
/s/ Effie D. Silva, Attorney-in-Fact for Alexandre Apparecido
Stock symbol
FDP
Transactions as of
Aug 15, 2024
Transactions value $
-$41,337
Form type
4
Date filed
8/19/2024, 05:19 PM
Previous filing
Jun 11, 2024
Next filing
Sep 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDP Ordinary Shares Sale -$41.3K -1.5K -56.84% $27.56 1.14K Aug 15, 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
holding FDP Dividend Equivalent Units 474 Aug 15, 2024 Ordinary Shares 474 Direct F1
holding FDP Restricted Stock Units 500 Aug 15, 2024 Ordinary Shares 500 Direct F2, F3
holding FDP Restricted Stock Units 502 Aug 15, 2024 Ordinary Shares 502 Direct F2, F4
holding FDP Restricted Stock Units 1.26K Aug 15, 2024 Ordinary Shares 1.26K Direct F2, F5
holding FDP Performance Stock Units 1.91K Aug 15, 2024 Ordinary Shares 1.91K Direct F6, F7
holding FDP Performance Stock Units 770 Aug 15, 2024 Ordinary Shares 770 Direct F6, F8
holding FDP Performance Stock Units 5.17K Aug 15, 2024 Ordinary Shares 5.17K Direct F6, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 Restricted Stock Units ("RSUs") and/or Performance Stock Units ("PSUs") to which they relate.
F2 The RSUs converted to Ordinary Shares on a one-to-one basis.
F3 The RSUs were awarded on 3/30/2021 and vest in five equal annual installments. The remaining vesting will occur on 3/30/2025.
F4 The RSUs were awarded on 6/15/2022 and vest in three equal annual installments. The remaining vesting will occur on 3/2/2025.
F5 The RSUs were awarded on 3/2/2023 and vest in three equal annual installments. The remaining vestings will occur on 3/2/2025 and 3/2/2026.
F6 The PSUs convert to Ordinary Shares on a one-to-one basis.
F7 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. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F8 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.
F9 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.