Mohammad Abu - May 26, 2022 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Signature
/s/ Effie D. Silva, Attorney-in-Fact for Mohammad Abu-Ghazaleh
Stock symbol
FDP
Transactions as of
May 26, 2022
Transactions value $
$505,751
Form type
4
Date filed
5/31/2022, 02:31 PM
Previous filing
Apr 5, 2022
Next filing
Jun 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDP Ordinary Shares Purchase $489K +19.4K +0.28% $25.27 6.83M May 26, 2022 Direct F1
transaction FDP Ordinary Shares Purchase $16.5K +639 +0.01% $25.82 6.83M May 27, 2022 Direct F2
holding FDP Ordinary Shares 20K May 26, 2022 Held by Spouse

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
holding FDP Dividend Equivalent Units 3.23K May 26, 2022 Ordinary Shares 3.23K Direct F3
holding FDP Employee Stock Options (Right to Buy) 32.2K May 26, 2022 Ordinary Shares 32.2K $26.52 Direct F4
holding FDP Employee Stock Options (Right to Buy) 64.4K May 26, 2022 Ordinary Shares 64.4K $28.89 Direct F4
holding FDP Restricted Stock Unit 10K May 26, 2022 Ordinary Shares 10K Direct F5, F6
holding FDP Restricted Stock Units 20K May 26, 2022 Ordinary Shares 20K Direct F5, F7
holding FDP Restricted Stock Units 40.2K May 26, 2022 Ordinary Shares 40.2K Direct F5, F8
holding FDP Performance Stock Units 11.1K May 26, 2022 Ordinary Shares 11.1K Direct F9, F10
holding FDP Performance Stock Units 36.6K May 26, 2022 Ordinary Shares 36.6K Direct F9, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average price of the shares purchased. The prices of the shares purchased pursuant to the transaction ranged from $24.92 to $25.43 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares purchased at each separate price.
F2 Represents the weighted average price of the shares purchased. The prices of the shares purchased pursuant to the transaction ranged from $25.75 to $25.90 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares purchased at each separate price.
F3 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 Restricted Stock Units ("RSUs") and/or Performance Stock Units ("PSUs") to which they relate.
F4 Stock Options are fully vested.
F5 The RSUs convert to Ordinary Shares on a one-for-one basis.
F6 RSUs were awarded on 2/20/19 and vest in five equal installments over four years. The remaining vesting 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 3/1/2023 and 3/1/2024.
F8 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.
F9 The PSUs convert to Ordinary Shares on a one-for-one basis.
F10 The PSUs were awarded on 3/2/2020 and 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.
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.