Marlene Gordon - 22 Feb 2022 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: 22 Feb 2022
Net transactions value: -$2,808
Form type: 4
Filing time: 24 Feb 2022, 18:25:11 UTC
Previous filing: 14 Dec 2021
Next filing: 03 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FDP	Ordinary Shares	Options Exercise	$0	+400	+13%	$0.000000	3,385	22 Feb 2022	Direct
transaction	FDP	Ordinary Shares	Options Exercise	$0	+13	+0.38%	$0.000000	3,398	22 Feb 2022	Direct
transaction	FDP	Ordinary Shares	Sale	$2,808	-98	-2.9%	$28.65	3,300	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	-13	-3.2%	$0.000000	392	22 Feb 2022	Ordinary Shares	13		Direct	F2, F3
transaction	FDP	Restricted Stock Units	Options Exercise	$0	-400	-50%	$0.000000	400	22 Feb 2022	Ordinary Shares	400		Direct	F4, F6
holding	FDP	Restricted Stock Units						400	22 Feb 2022	Ordinary Shares	400		Direct	F4, F5
holding	FDP	Restricted Stock Units						1,803	22 Feb 2022	Ordinary Shares	1,803		Direct	F4, F7
holding	FDP	Restricted Stock Units						4,972	22 Feb 2022	Ordinary Shares	4,972		Direct	F4, F8
holding	FDP	Performance Stock Units						2,000	22 Feb 2022	Ordinary Shares	2,000		Direct	F9, F10
holding	FDP	Performance Stock Units						2,495	22 Feb 2022	Ordinary Shares	2,495		Direct	F9, F11
holding	FDP	Performance Stock Units						4,972	22 Feb 2022	Ordinary Shares	4,972		Direct	F9, F12

* 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	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.
F3	.3949 DEUs were deducted from the total due to fractional shares being paid in cash.
F4	The RSUs convert to Ordinary Shares on a one-for-one basis.
F5	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.
F6	RSUs were awarded on 2/20/19 and vest in five equal installments over four years. The remaining vesting of 400 shares will occur on 2/20/23.
F7	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.
F8	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.
F9	The PSUs convert to Ordinary Shares on a one-for-one basis.
F10	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.
F11	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.
F12	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.