Ziad Nabulsi - 01 Mar 2022 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
SVP, North American Operations
Signature
/s/ Marlene Gordon, as Attorney-in-Fact for Ziad Nabulsi
Issuer symbol
FDP
Transactions as of
01 Mar 2022
Net transactions value
-$5,059
Form type
4
Filing time
03 Mar 2022, 16:33:30 UTC
Previous filing
24 Feb 2022
Next filing
05 Apr 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 +150 +23% $0.000000 798 01 Mar 2022 Direct
transaction FDP Ordinary Shares Options Exercise $0 +646 +81% $0.000000 1,444 01 Mar 2022 Direct
transaction FDP Ordinary Shares Options Exercise $0 +15 +1% $0.000000 1,459 01 Mar 2022 Direct
transaction FDP Ordinary Shares Sale $5,059 -193 -13% $26.21 1,266 01 Mar 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 -15 -29% $0.000000 36 01 Mar 2022 Ordinary Shares 15 Direct F2, F3
transaction FDP Restricted Stock Units Options Exercise $0 -150 -33% $0.000000 300 01 Mar 2022 Ordinary Shares 150 Direct F4, F6
transaction FDP Restricted Stock Units Options Exercise $0 -646 -33% $0.000000 1,296 01 Mar 2022 Ordinary Shares 646 Direct F4, F7
holding FDP Restricted Stock Units 150 01 Mar 2022 Ordinary Shares 150 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 Reflects Dividend Equivalent Units ("DEUs") received by the Reporting Person as a result of dividend equivalents accrued with respect to outstanding 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 A fractional share of DEUs on the RSUs vesting was paid in cash.
F4 The 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 in 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 3/1/2023 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 3/1/2023 and 3/1/2024.