Marlene Gordon - 01 Apr 2022 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Signature
/s/ Marlene Gordon, as Attorney-in-Fact for Monica Vicente
Issuer symbol
FDP
Transactions as of
01 Apr 2022
Net transactions value
$0
Form type
4
Filing time
05 Apr 2022, 18:00:05 UTC
Previous filing
10 Mar 2022
Next filing
20 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FDP Ordinary Shares 0 01 Apr 2022 Direct

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 Award $0 +83 +25% $0.000000 422 01 Apr 2022 Ordinary Shares 83 Direct F1
holding FDP Restricted Stock Units 400 01 Apr 2022 Ordinary Shares 400 Direct F2, F3
holding FDP Restricted Stock Units 400 01 Apr 2022 Ordinary Shares 400 Direct F2, F4
holding FDP Restricted Stock Units 1,202 01 Apr 2022 Ordinary Shares 1,202 Direct F2, F5
holding FDP Restricted Stock Units 3,317 01 Apr 2022 Ordinary Shares 3,317 Direct F2, F6
holding FDP Performance Stock Units 2,000 01 Apr 2022 Ordinary Shares 2,000 Direct F7, F8
holding FDP Performance Stock Units 2,495 01 Apr 2022 Ordinary Shares 2,495 Direct F7, F9
holding FDP Performance Stock Units 4,525 01 Apr 2022 Ordinary Shares 4,525 Direct F7, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 RSUs and/or Performance Stock Units ("PSUs") to which they relate.
F2 The RSUs convert to Ordinary Shares on a one-for-one basis.
F3 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.
F4 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.
F5 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.
F6 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.
F7 The PSUs convert to Ordinary Shares on a one-for-one basis.
F8 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.
F9 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.
F10 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 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.