Mohammed Abbas - Dec 12, 2022 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
Dec 12, 2022
Transactions value $
$132,473
Form type
4
Date filed
2/1/2023, 05:22 PM
Previous filing
Dec 13, 2022
Next filing
Feb 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDP Ordinary Shares Purchase $132K +5K $26.49 5K Dec 12, 2022 By Spouse F1
holding FDP Ordinary Shares 15.1K Dec 12, 2022 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 1.57K Dec 12, 2022 Ordinary Shares 1.57K Direct F2
holding FDP Restricted Stock Unit 400 Dec 12, 2022 Ordinary Shares 400 Direct F3, F4
holding FDP Restricted Stock Units 939 Dec 12, 2022 Ordinary Shares 939 Direct F3, F5
holding FDP Restricted Stock Units 2.78K Dec 12, 2022 Ordinary Shares 2.78K Direct F3, F6
holding FDP Restricted Stock Units 8.35K Dec 12, 2022 Ordinary Shares 8.35K Direct F3, F7
holding FDP Performance Stock Units 4K Dec 12, 2022 Ordinary Shares 4K Direct F8, F9
holding FDP Performance Stock Units 3.55K Dec 12, 2022 Ordinary Shares 3.55K Direct F8, F10
holding FDP Performance Stock Units 3K Dec 12, 2022 Ordinary Shares 3K Direct F8, F11
holding FDP Performance Stock Units 1.95K Dec 12, 2022 Ordinary Shares 1.95K Direct F8, F12
holding FDP Performance Stock Units 3.79K Dec 12, 2022 Ordinary Shares 3.79K Direct F8, F13
holding FDP Performance Stock Units 9.88K Dec 12, 2022 Ordinary Share 9.88K Direct F8, F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are owned by the Reporting Person's spouse. The Reporting Person disclaims beneficial ownership of the shares owned by his spouse, except to the extent of his pecuniary interest therein.
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 Restricted Stock Units ("RSUs") and/or Performance Stock Units ("PSUs") to which they relate.
F3 The RSUs convert to Ordinary Shares on a one-for-one basis.
F4 RSUs were awarded on 2/20/19 and vest in five equal installments over four years. The remaining vesting of 400 shares will occur on 2/20/23.
F5 RSUs were awarded on 3/2/2020 and vest in five equal installments over four years. The remaining vestings will occur on 3/1/2023 and 3/1/2024.
F6 RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The remaining vestings will occur on 3/1/2023 and 3/1/2024.
F7 RSUs were awarded on 6/15/2022 and vest in three equal installments over three years. The vestings will occur on 6/15/2023, 3/2/2024 and 3/2/2025.
F8 The PSUs convert to Ordinary Shares on a one-for-one basis.
F9 The PSUs were awarded 2/24/2016 and subject to meeting minimum performance criteria which was met at 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.
F10 The PSUs were awarded on 2/22/2017 and subject to meeting minimum performance criteria which was met at 88.8%. The PSUs vested in three equal 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.
F11 The PSUs were awarded on 2/20/2019 and subject to meeting minimum performance criteria which was met at 100%. The PSUs vest 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.
F12 The PSUs were awarded on 3/2/2020 and subject to meeting minimum performance criteria which was met at 83%. Once earned, the PSUs vest 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.
F13 The PSUs were awarded on 3/1/2021 and subject to meeting minimum performance criteria which was met at 91%. Once earned, the PSUs vest in three equal annual installments on each of 3/1/2022, 3/1/2023 and 3/1/2024. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F14 The PSUs were awarded on 6/15/2022 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 6/15/2023, 3/2/2024 and 3/2/2025. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.