Michael J. Berthelot - Jul 31, 2021 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
Director
Signature
/s/ Marlene M. Gordon, Attorney-in-fact for Michael J. Berthelot
Stock symbol
FDP
Transactions as of
Jul 31, 2021
Transactions value $
$0
Form type
4
Date filed
8/3/2021, 08:11 PM
Previous filing
Jun 15, 2021
Next filing
Aug 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDP Ordinary Shares Options Exercise $0 +1.08K +6.12% $0.00 18.8K Jul 31, 2021 Direct F1
transaction FDP Ordinary Shares Options Exercise $0 +3 +0.02% $0.00 18.8K Jul 31, 2021 Direct F2

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 Options Exercise $0 -3 -24.33% $0.00 9.33 Jul 31, 2021 Ordinary Shares 3 Direct F3, F4
transaction FDP Restricted Stock Units Options Exercise $0 -1.08K -25.01% $0.00 3.25K Jul 31, 2021 Ordinary Shares 1.08K Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the first installment vesting of Restricted Stock Units ("RSUs") for board service for the 2021-2022 term. These remaining shares will vest in equal installments on each of October 31, 2021, January 31, 2022 and April 30, 2022.
F2 Represents settlement of Dividend Equivalent Units ("DEUs") associated with the RSUs vested.
F3 Each DEU represents a contingent right to receive one ordinary share of FDP. DEUs are subject to the same restrictions and vesting criteria based on the underlying RSUs to which they relate.
F4 A fractional share of DEUs on the Restricted Stock Units vesting was paid in cash.
F5 The RSUs convert to Ordinary Shares on a one-for-one basis.
F6 Represents a grant of RSUs for board service for the 2021-2022 term. These shares will vest in four installments on each of July 31, 2021, October 31, 2021, January 31, 2022 and April 30, 2022.