Sergio Mancilla - 31 Aug 2021 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role: VP South America
Signature: /s/ Marlene M. Gordon, Attorney-in-fact for Sergio Mancilla
Issuer symbol: FDP
Transactions as of: 31 Aug 2021
Net transactions value: -$40,652
Form type: 4
Filing time: 02 Sep 2021, 18:14:30 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	Sale	$40,652	-1,247	-100%	$32.60	0	31 Aug 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
holding	FDP	Dividend Equivalent Units						1,871	31 Aug 2021	Ordinary Shares	1,871		Direct	F1
holding	FDP	Restricted Stock Units						400	31 Aug 2021	Ordinary Shares	400		Direct	F2, F3
holding	FDP	Restricted Stock Units						1,262	31 Aug 2021	Ordinary Shares	1,262		Direct	F2, F4
holding	FDP	Restricted Stock Units						2,596	31 Aug 2021	Ordinary Shares	2,596		Direct	F2, F5
holding	FDP	Performance Stock Units						5,000	31 Aug 2021	Ordinary Shares	5,000		Direct	F6, F7
holding	FDP	Performance Stock Units						5,000	31 Aug 2021	Ordinary Shares	5,000		Direct	F6, F8
holding	FDP	Performance Stock Units						4,750	31 Aug 2021	Ordinary Shares	4,750		Direct	F6, F9
holding	FDP	Performance Stock Units						4,000	31 Aug 2021	Ordinary Shares	4,000		Direct	F6, F10
holding	FDP	Performance Stock Units						1,776	31 Aug 2021	Ordinary Shares	1,776		Direct	F6, F11
holding	FDP	Performance Stock Units						2,000	31 Aug 2021	Ordinary Shares	2,000		Direct	F6, F12
holding	FDP	Performance Stock Units						1,745	31 Aug 2021	Ordinary Shares	1,745		Direct	F6, F13
holding	FDP	Performance Stock Units						2,596	31 Aug 2021	Ordinary Shares	2,596		Direct	F6, F14

* 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 2/20/19 and vest in five equal installments over four years. The remaining vestings will occur on 2/20/22 and 2/20/23.
F4	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.
F5	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.
F6	The PSUs convert to Ordinary Shares on a one-for-one basis.
F7	The PSUs were awarded 2/20/2013 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vested 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.
F8	The PSUs were awarded 2/19/2014 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vested 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.
F9	The PSUs were awarded 2/18/2015 subject to meeting minimum performance criteria, which was met at 95%. The PSUs vested 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.
F10	The PSUs were awarded 2/24/2016 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vested 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.
F11	The PSUs were awarded on 2/22/2017 subject to meeting minimum performance criteria, which was met at 88.8%. The PSUs vested between 2/22/2018 and 2/22/2020. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F12	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.
F13	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.
F14	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.