Mr. Eduardo Bezerra - 25 Mar 2022 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role: SVP and CFO
Signature: /s/ Marlene M. Gordon, Attorney-in-fact for Eduardo Guarita Bezerra
Issuer symbol: FDP
Transactions as of: 25 Mar 2022
Net transactions value: -$6,446
Form type: 4
Filing time: 29 Mar 2022, 18:12:13 UTC
Previous filing: 10 Mar 2022
Next filing: 26 May 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	+1,000		$0.000000	1,000	25 Mar 2022	Direct
transaction	FDP	Ordinary Shares	Options Exercise	$0	+33	+3.3%	$0.000000	1,033	25 Mar 2022	Direct
transaction	FDP	Ordinary Shares	Sale	$6,446	-245	-24%	$26.31	788	25 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	-33	-9.5%	$0.000000	315	25 Mar 2022	Ordinary Shares	33		Direct	F2, F3
transaction	FDP	Restricted Stock Units	Options Exercise	$0	-1,000	-50%	$0.000000	1,000	25 Mar 2022	Ordinary Shares	1,000		Direct	F4, F5
holding	FDP	Restricted Stock Units						1,153	25 Mar 2022	Ordinary Shares	1,153		Direct	F4, F6
holding	FDP	Restricted Stock Units						2,559	25 Mar 2022	Ordinary Shares	2,559		Direct	F4, F7
holding	FDP	Performance Stock Units						2,250	25 Mar 2022	Ordinary Shares	2,250		Direct	F8, F9
holding	FDP	Performance Stock Units						2,392	25 Mar 2022	Ordinary Shares	2,392		Direct	F8, F10
holding	FDP	Performance Stock Units						3,491	25 Mar 2022	Ordinary Shares	3,491		Direct	F8, F11

* 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 ("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	.4877 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 on 3/25/2019 and vest in five equal installments over four years. The remaining vesting will occur on 3/25/23.
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	The RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The remaining vestings will occur on 3/1/2023 and 3/1/2024.
F8	The PSUs convert to Ordinary Shares on a one-for-one basis.
F9	The PSUs were awarded on 7/31/2019 and subject to meeting minimum performance criteria which was met at 100%. Once earned, the PSUs vest in three equal annual installments on each of 7/31/2020, 7/31/2021 and 7/31/2022. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F10	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.
F11	The PSUs were awarded on 3/1/2021 and subject to meeting minimum performance criteria which was met at 91%. 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.