Jesus Rodriguez Calvo - 01 Dec 2021 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Signature
/s/ Marlene Gordon, Attorney-in-Fact for Jesus Rodriguez Calvo
Issuer symbol
FDP
Transactions as of
01 Dec 2021
Net transactions value
-$7,909
Form type
4
Filing time
13 Dec 2021, 15:45:25 UTC
Previous filing
14 Sep 2021
Next filing
14 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDP Ordinary Shares Options Exercise $0 +900 +143% $0.000000 1,529 01 Dec 2021 Direct
transaction FDP Ordinary Shares Options Exercise $0 +10 +0.65% $0.000000 1,539 01 Dec 2021 Direct
transaction FDP Ordinary Shares Sale $7,909 -297 -19% $26.63 1,242 01 Dec 2021 Direct F1

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 -10 -25% $0.000000 31 01 Dec 2021 Ordinary Shares 10 Direct F2, F3
transaction FDP Restricted Stock Units Options Exercise $0 -900 -25% $0.000000 2,700 01 Dec 2021 Ordinary Shares 900 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares sold for taxes payable upon the vesting of Restricted Stock Units ("RSUs").
F2 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 RSUs and/or Performance Stock Units ("PSUs") to which they relate.
F3 .2009 DEUs were deducted from the total due to fractional shares being paid in cash.
F4 RSUs convert to Ordinary Shares on a one-for-one basis.
F5 RSUs were awarded on 12/1/2020 and vest in five equal installments over four years. The remaining vestings will occur on 12/1/2021, 12/1/2022, 12/1/2023 and 12/1/24.