EFFIE D. SILVA - 15 Jun 2022 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
SVP, General Counsel & Secy
Signature
/s/ Effie D. Silva
Issuer symbol
FDP
Transactions as of
15 Jun 2022
Transactions value $
$0
Form type
4
Filing time
17 Jun 2022, 20:22:31 UTC
Previous filing
15 Apr 2022
Next filing
13 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FDP Ordinary Shares 1.01 15 Jun 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 Restricted Stock Units Award $0 +1.65K $0.00 1.65K 15 Jun 2022 Ordinary Shares 1.65K Direct F1, F2
transaction FDP Performance Stock Units Award $0 +2.54K $0.00 2.54K 15 Jun 2022 Ordinary Shares 2.54K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units ("RSUs") convert to Ordinary Shares on a one-for-one basis.
F2 RSUs were awarded on 6/15/2022 and vest in three equal installments over three years. The vestings will occur on 6/15/2023, 3/2/2024 and 3/2/2025.
F3 The Performance Stock Units ("PSUs") convert to Ordinary Shares on a one-for-one basis.
F4 The PSUs were awarded on 6/15/2022 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 6/15/2023, 3/2/2024 and 3/2/2025. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.