Lori Tauber Marcus - 11 Jun 2021 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
Director
Signature
/s/ Marlene Gordon, Attorney-in-Fact for Lori Tauber Marcus
Issuer symbol
FDP
Transactions as of
11 Jun 2021
Net transactions value
$0
Form type
4
Filing time
15 Jun 2021, 20:39:01 UTC
Next filing
03 Aug 2021

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
* 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 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.