Jorge Pelaez - Sep 10, 2021 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role: VP, Central America
Signature: /s/ Marlene M. Gordon, Attorney-in-fact for Jorge Pelaez Reyes
Stock symbol: FDP
Transactions as of: Sep 10, 2021
Transactions value $: $0
Form type: 4
Date filed: 9/14/2021, 05:52 PM
Previous filing: Sep 1, 2021
Next filing: Dec 14, 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	+66.6	+32.26%	$0.00	273	Sep 10, 2021	Ordinary Shares	66.6		Direct	F1
holding	FDP	Restricted Stock Units						600	Sep 10, 2021	Ordinary Shares	600		Direct	F2, F3
holding	FDP	Restricted Stock Units						800	Sep 10, 2021	Ordinary Shares	800		Direct	F2, F4
holding	FDP	Restricted Stock Units						1.51K	Sep 10, 2021	Ordinary Shares	1.51K		Direct	F2, F5
holding	FDP	Restricted Stock Units						2.63K	Sep 10, 2021	Ordinary Shares	2.63K		Direct	F2, F6
holding	FDP	Performance Stock Units						3K	Sep 10, 2021	Ordinary Shares	3K		Direct	F7, F8
holding	FDP	Performance Stock Units						2.09K	Sep 10, 2021	Ordinary Shares	2.09K		Direct	F7, F9
holding	FDP	Performance Stock Units						2.63K	Sep 10, 2021	Ordinary Shares	2.63K		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 on 2/21/18 and vested in five equal installments over four years. The remaining vesting of 600 shares will occur on 2/21/22.
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 2/20/2021. 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%. 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 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.