Sergio Mancilla - Aug 24, 2022 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
VP South America
Signature
/s/ Effie D. Silva, Attorney-in-Fact for Sergio Mancilla
Stock symbol
FDP
Transactions as of
Aug 24, 2022
Transactions value $
-$24,751
Form type
4
Date filed
8/26/2022, 05:00 PM
Previous filing
Jun 17, 2022
Next filing
Sep 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDP Ordinary Share Sale -$24.8K -878 -57.92% $28.19 638 Aug 24, 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
holding FDP Dividend Equivalent Units 2.57K Aug 24, 2022 Ordinary Shares 2.57K Direct F1
holding FDP Restricted Stock Units 200 Aug 24, 2022 Ordinary Shares 200 Direct F2, F3
holding FDP Restricted Stock Units 842 Aug 24, 2022 Ordinary Shares 842 Direct F2, F4
holding FDP Restricted Stock Units 1.73K Aug 24, 2022 Ordinary Shares 1.73K Direct F2, F5
holding FDP Restricted Stock Unit 1.53K Aug 24, 2022 Ordinary Shares 1.53K Direct F2, F6
holding FDP Performance Stock Units 5K Aug 24, 2022 Ordinary Shares 5K Direct F7, F8
holding FDP Performance Stock Units 5K Aug 24, 2022 Ordinary Shares 5K Direct F7, F9
holding FDP Performance Stock Units 4.75K Aug 24, 2022 Ordinary Shares 4.75K Direct F7, F10
holding FDP Performance Stock Units 4K Aug 24, 2022 Ordinary Shares 4K Direct F7, F11
holding FDP Performance Stock Units 1.78K Aug 24, 2022 Ordinary Shares 1.78K Direct F7, F12
holding FDP Performance Stock Units 2K Aug 24, 2022 Ordinary Shares 2K Direct F7, F13
holding FDP Performance Stock Units 1.75K Aug 24, 2022 Ordinary Shares 1.75K Direct F7, F14
holding FDP Performance Stock Units 2.36K Aug 24, 2022 Ordinary Shares 2.36K Direct F7, F15
holding FDP Performance Stock Units 2.41K Aug 24, 2022 Ordinary Shares 2.41K Direct F7, F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The RSUs convert to Ordinary Shares on a one-for-one basis.
F3 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.
F4 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.
F5 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.
F6 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.
F7 The PSUs convert to Ordinary Shares on a one-for-one basis.
F8 The PSUs were awarded 2/20/2013 and subject to meeting minimum performance criteria which was met at 100%. The PSUs vested in three equal annual installments on each of 2/20/2014, 2/20/2015 and 2/20/2016. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F9 The PSUs were awarded 2/19/2014 and subject to meeting minimum performance criteria which was met at 100%. The PSUs vested in three equal annual installments on each of 2/19/2015, 2/19/2016 and 2/19/2017. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F10 The PSUs were awarded 2/18/2015 and subject to meeting minimum performance criteria which was met at 95%. The PSUs vested in three equal annual installments on each of 2/18/2016, 2/18/2017 and 2/18/2018. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F11 The PSUs were awarded 2/24/2016 and subject to meeting minimum performance criteria which was met at 100%. The PSUs vested in three equal annual installments on each of 2/24/2017, 2/24/2018 and 2/24/2019. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F12 The PSUs were awarded on 2/22/2017 and subject to meeting minimum performance criteria which was met at 88.8%. The PSUs vested between 2/22/2018 and 2/22/2020. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F13 The PSUs were awarded 2/20/2019 and 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.
F14 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. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F15 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.
F16 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.