Helmuth Lutty - 02 Aug 2021 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role: SVP, Network Shipping & Ops
Signature: /s/ Marlene Gordon, Attorney-in-fact for Helmuth Lutty
Issuer symbol: FDP
Transactions as of: 02 Aug 2021
Net transactions value: -$3,007
Form type: 4
Filing time: 04 Aug 2021, 16:59:31 UTC
Previous filing: 15 Jun 2021
Next filing: 14 Sep 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FDP	Ordinary Shares	Options Exercise	$0	+400	+8.2%	$0.000000	5,290	02 Aug 2021	Direct	F1
transaction	FDP	Ordinary Shares	Options Exercise	$0	+17	+0.32%	$0.000000	5,307	02 Aug 2021	Direct	F2
transaction	FDP	Ordinary Shares	Sale	$3,007	-98	-1.8%	$30.68	5,209	02 Aug 2021	Direct	F3

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	-17	-8.2%	$0.000000	190	02 Aug 2021	Ordinary Shares	17		Direct	F4, F5
transaction	FDP	Restricted Stock Units	Options Exercise	$0	-400	-100%	$0.000000^*	0	02 Aug 2021	Ordinary Shares	400		Direct	F6, F7
holding	FDP	Restricted Stock Units						400	02 Aug 2021	Ordinary Shares	400		Direct	F6, F8
holding	FDP	Restricted Stock Units						800	02 Aug 2021	Ordinary Shares	800		Direct	F6, F9
holding	FDP	Restricted Stock Units						1,575	02 Aug 2021	Ordinary Shares	1,575		Direct	F6, F10
holding	FDP	Restricted Stock Units						3,496	02 Aug 2021	Ordinary Shares	3,496		Direct	F6, F11
holding	FDP	Performance Stock Units						2,000	02 Aug 2021	Ordinary Shares	2,000		Direct	F12, F13
holding	FDP	Performance Stock Units						2,179	02 Aug 2021	Ordinary Shares	2,179		Direct	F12, F14
holding	FDP	Performance Stock Units						3,496	02 Aug 2021	Ordinary Shares	3,496		Direct	F12, F15

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Vesting of final tranche which was awarded on 8/2/2017.
F2	Represents settlement of Dividend Equivalent Units ("DEUs") associated with the Restricted Stock Units ("RSUs") vested.
F3	Reflects shares sold for taxes payable upon the vesting of RSUs.
F4	Each DEU represents 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 RSUs and/or Performance Stock Units ("PSUs") to which they relate.
F5	A fractional share of DEUs on the RSUs vesting was paid in cash.
F6	The RSUs convert to Ordinary Shares on a one-for-one basis.
F7	The RSUs were awarded on 8/2/2017 and vest in five equal annual installments over four years of which one is remaining on 8/2/2021.
F8	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.
F9	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.
F10	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.
F11	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.
F12	The PSUs convert to Ordinary Shares on a one-for-one basis.
F13	The PSUs were awarded on 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.
F14	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.
F15	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.