Marlene Gordon - 10 Sep 2021 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
SVP, General Counsel
Signature
/s/ Marlene Gordon
Issuer symbol
FDP
Transactions as of
10 Sep 2021
Net transactions value
$0
Form type
4
Filing time
14 Sep 2021, 17:51:24 UTC
Previous filing
20 Jul 2021
Next filing
14 Dec 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 2,985 10 Sep 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 +87 +40% $0.000000 303 10 Sep 2021 Ordinary Shares 87 Direct F1
holding FDP Restricted Stock Units 400 10 Sep 2021 Ordinary Shares 400 Direct F2, F3
holding FDP Restricted Stock Units 800 10 Sep 2021 Ordinary Shares 800 Direct F2, F4
holding FDP Restricted Stock Units 1,803 10 Sep 2021 Ordinary Shares 1,803 Direct F2, F5
holding FDP Restricted Stock Units 4,972 10 Sep 2021 Ordinary Shares 4,972 Direct F2, F6
holding FDP Performance Stock Units 2,000 10 Sep 2021 Ordinary Shares 2,000 Direct F7, F8
holding FDP Performance Stock Units 2,495 10 Sep 2021 Ordinary Shares 2,495 Direct F7, F9
holding FDP Performance Stock Units 4,972 10 Sep 2021 Ordinary Shares 4,972 Direct F7, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Dividend Equivalent Unit ("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 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 6/25/18 and vested in five equal installments over four years. The remaining vesting of 400 shares will occur on 6/25/22.
F4 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.
F5 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.
F6 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.
F7 The PSUs convert to Ordinary Shares on a one-for-one basis.
F8 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.
F9 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.
F10 The PSUs were awarded on 3/1/2021 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in 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.