Youssef Zakharia - Jun 11, 2021 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
President and COO
Signature
/s/ Marlene Gordon, Attorney-in-fact for Youssef Zakharia
Stock symbol
FDP
Transactions as of
Jun 11, 2021
Transactions value $
$0
Form type
4
Date filed
6/15/2021, 08:33 PM
Next filing
Sep 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FDP Ordinary Shares 18.9K Jun 11, 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
transaction FDP Dividend Equivalent Units Award $0 +381 +9.69% $0.00 4.32K Jun 11, 2021 Ordinary Shares 381 Direct F1
holding FDP Restricted Stock Units 1.6K Jun 11, 2021 Ordinary Shares 1.6K Direct F2, F3
holding FDP Restricted Stock Units 8K Jun 11, 2021 Ordinary Shares 8K Direct F2, F4
holding FDP Restricted Stock Units 11.2K Jun 11, 2021 Ordinary Shares 11.2K Direct F2, F5
holding FDP Restricted Stock Units 19.8K Jun 11, 2021 Ordinary Shares 19.8K Direct F2, F6
holding FDP Performance Stock Units 5K Jun 11, 2021 Ordinary Shares 5K Direct F7, F8
holding FDP Performance Stock Units 5K Jun 11, 2021 Ordinary Shares 5K Direct F7, F9
holding FDP Performance Stock Units 5K Jun 11, 2021 Ordinary Shares 5K Direct F7, F10
holding FDP Performance Stock Units 4.75K Jun 11, 2021 Ordinary Shares 4.75K Direct F7, F11
holding FDP Performance Stock Units 4K Jun 11, 2021 Ordinary Shares 4K Direct F7, F12
holding FDP Performance Stock Units 14.2K Jun 11, 2021 Ordinary Shares 14.2K Direct F7, F13
holding FDP Performance Stock Units 15K Jun 11, 2021 Ordinary Shares 15K Direct F7, F14
holding FDP Performance Stock Units 15.4K Jun 11, 2021 Ordinary Shares 15.4K Direct F7, F15
holding FDP Performance Stock Units 19.8K Jun 11, 2021 Ordinary Shares 19.8K Direct F7, F16
* 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 2/21/18 and vest in five equal installments over four years. The remaining vesting will occur on 2/21/22.
F4 RSUs were awarded on 2/20/19 and vest in five equal installments over four years. The remaining vestings of 400 shares will occur on 2/20/22 and 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 3/1/2022, 3/1/2023 and 3/1/2024.
F6 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.
F7 The PSUs convert to Ordinary Shares on a one-for-one basis.
F8 The PSUs were awarded 11/2/2011 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vest in three equal annual installments on each of 11/2/2012, 11/2/2013 and 11/2/2014. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F9 The PSUs were awarded 2/20/2013 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vest 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.
F10 The PSUs were awarded 2/19/2014 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vest 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.
F11 The PSUs were awarded 2/18/2015 subject to meeting minimum performance criteria, which was met at 95%. The PSUs vest 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.
F12 The PSUs were awarded 2/24/2016 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vest 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.
F13 The PSUs were awarded on 2/22/2017 subject to meeting minimum performance criteria, which was met at 88.8%. The PSUs vest between 2/22/2018 and 2/22/2020, of which the last traunch vested on 2/22/2020. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F14 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.
F15 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.
F16 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.