Sergio Mancilla - Jun 2, 2021 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
VP South America
Signature
/s/ Marlene M. Gordon, Attorney-in-fact for Sergio Mancilla
Stock symbol
FDP
Transactions as of
Jun 2, 2021
Transactions value $
-$20,975
Form type
4
Date filed
6/4/2021, 05:51 PM
Next filing
Jun 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDP Ordinary Shares Sale -$21K -625 -33.39% $33.56 1.25K Jun 2, 2021 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 1.78K Jun 2, 2021 Ordinary Shares 1.78K Direct F1
holding FDP Restricted Stock Units 400 Jun 2, 2021 Ordinary Shares 400 Direct F2, F3
holding FDP Restricted Stock Units 1.26K Jun 2, 2021 Ordinary Shares 1.26K Direct F2, F4
holding FDP Restricted Stock Units 2.6K Jun 2, 2021 Ordinary Shares 2.6K Direct F2, F5
holding FDP Performance Stock Units 5K Jun 2, 2021 Ordinary Shares 5K Direct F6, F7
holding FDP Performance Stock Units 5K Jun 2, 2021 Ordinary Shares 5K Direct F6, F8
holding FDP Performance Stock Units 4.75K Jun 2, 2021 Ordinary Shares 4.75K Direct F6, F9
holding FDP Performance Stock Units 4K Jun 2, 2021 Ordinary Shares 4K Direct F6, F10
holding FDP Performance Stock Units 1.78K Jun 2, 2021 Ordinary Shares 1.78K Direct F6, F11
holding FDP Performance Stock Units 2K Jun 2, 2021 Ordinary Shares 2K Direct F6, F12
holding FDP Performance Stock Units 1.75K Jun 2, 2021 Ordinary Shares 1.75K Direct F6, F13
holding FDP Performance Stock Units 2.6K Jun 2, 2021 Ordinary Shares 2.6K Direct F6, F14
* 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") represent 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.
F2 The RSUs convert to Ordinary Shares on a one-for-one basis.
F3 RSUs were awarded on 2/20/19 and vest in five equal installments over four years. The remaining vestings will occur on 2/20/22 and 2/20/23.
F4 RSUs were awarded on 3/2/2020 and vest in five equal installments over four years. The remaining vestings will occur on 3/1/2022, 3/1/2023 and 3/1/2024.
F5 The RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The vestings will occur on each 3/1/2022, 3/1/2023 and 3/1/2024.
F6 The PSUs convert to Ordinary Shares on a one-for-one basis.
F7 The PSUs were awarded 2/20/2013 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vested in three equal annual installments on each of 2/20/2014, 2/20/2015 and 2/20/2016. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F8 The PSUs were awarded 2/19/2014 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vested in three equal annual installments on each of 2/19/2015, 2/19/2016 and 2/19/2017. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F9 The PSUs were awarded 2/18/2015 subject to meeting minimum performance criteria, which was met at 95%. The PSUs vested in three equal annual installments on each of 2/18/2016, 2/18/2017 and 2/18/2018. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F10 The PSUs were awarded 2/24/2016 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.
F11 The PSUs were awarded on 2/22/2017 subject to meeting minimum performance criteria, which was met at 88.8%. The PSUs vested between 2/22/2018 and 2/22/2020. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F12 The PSUs were awarded 2/20/2019 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.
F13 The PSUs were awarded on 3/2/2020 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.
F14 The PSUs were awarded on 3/1/2021 and are earned subject to meeting minimum performance criteria. 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.