Charles E. Beard Jr. - 11 Jun 2021 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
Director
Signature
/s/Marlene M. Gordon, Attorney-in-Fact for Charles Beard, Jr.
Issuer symbol
FDP
Transactions as of
11 Jun 2021
Net transactions value
$0
Form type
4
Filing time
15 Jun 2021, 20:37:22 UTC
Previous filing
10 Jun 2021
Next filing
03 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FDP Ordinary Shares 5,522 11 Jun 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 +12 $0.000000 12 11 Jun 2021 Ordinary Shares 12 Direct F1
holding FDP Restricted Stock Units 4,331 11 Jun 2021 Ordinary Shares 4,331 Direct F2, F3, F4
* 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 criteria based on the underlying Restricted Stock Units ("RSUs") to which they relate.
F2 The Restricted Stock Units ("RSUs") convert to Ordinary Shares on a one-for-one basis.
F3 Represents a grant of RSUs for board service for the 2021-2022 term. These shares will vest in four installments on each of July 30, 2021, October 31, 2021, January 31, 2022 and April 30, 2022.
F4 Reflects a reduction of 491 RSUs to correct an error in the number of RSUs previously reported.