Ziad Nabulsi - 22 Feb 2022 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Signature
/s/ Marlene Gordon, as Attorney-in-Fact for Ziad Nabulsi
Issuer symbol
FDP
Transactions as of
22 Feb 2022
Net transactions value
-$1,089
Form type
4
Filing time
24 Feb 2022, 18:21:23 UTC
Previous filing
14 Dec 2021
Next filing
03 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDP Ordinary Shares Options Exercise $0 +150 +28% $0.000000 681 22 Feb 2022 Direct
transaction FDP Ordinary Shares Options Exercise $0 +5 +0.73% $0.000000 686 22 Feb 2022 Direct
transaction FDP Ordinary Shares Sale $1,089 -38 -5.5% $28.65 648 22 Feb 2022 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 -5 -8.9% $0.000000 51 22 Feb 2022 Ordinary Shares 5 Direct F2, F3
transaction FDP Restricted Stock Units Options Exercise $0 -150 -50% $0.000000 150 22 Feb 2022 Ordinary Shares 150 Direct F4, F5
holding FDP Restricted Stock Units 450 22 Feb 2022 Ordinary Shares 450 Direct F4, F6
holding FDP Restricted Stock Units 1,942 22 Feb 2022 Ordinary Shares 1,942 Direct F4, F7
* 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 RSUs.
F2 Reflects Dividend Equivalent Units ("DEUs") received by the Reporting Person as a result of dividend equivalents accrued with respect to outstanding Restricted Stock Units ("RSUs") and/or Performance Stock Units ("PSUs") granted to the Reporting Person. Dividend equivalents are accrued at the same rate and at the same time as dividends are paid to Ordinary Shareholders. Dividend equivalents on RSUs and/or PSUs are subject to the same restrictions and vesting conditions as the underlying RSUs and/or PSUs.
F3 .0232 DEUs were deducted from the total due to fractional shares being paid in cash.
F4 The Restricted Stock Units ("RSUs") convert to Ordinary Shares on a one-for-one basis.
F5 RSUs were awarded on 2/20/19 and vested in five equal installments over four years. The remaining vesting will occur on 2/20/23.
F6 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.
F7 RSUs were awarded on 3/1/2021 and vest in three equal installment over three years. The remaining vestings will occur on 3/1/2022, 3/1/2023 and 3/1/2024.