Michael J. Berthelot - Nov 8, 2022 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
Director
Signature
/s/ Effie D. Silva, Attorney-in-Fact for Michael J. Berthelot
Stock symbol
FDP
Transactions as of
Nov 8, 2022
Transactions value $
-$39,144
Form type
4
Date filed
11/10/2022, 06:58 PM
Previous filing
Sep 13, 2022
Next filing
Dec 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDP Ordinary Shares Sale -$39.1K -1.4K -9.17% $27.96 13.9K Nov 8, 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
holding FDP Dividend Equivalent Units 34.5 Nov 8, 2022 Ordinary Shares 34.5 Direct F2
holding FDP Restricted Stock Units 5.9K Nov 8, 2022 Ordinary Shares 5.9K Direct F3, F4
* 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 $27.92 to $28.01 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 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 criteria based on the underlying Restricted Stock Units ("RSUs") to which they relate.
F3 The Restricted Stock Units ("RSUs") convert to Ordinary Shares on a one-for-one basis.
F4 Represents a grant of RSUs for board service for the 2022-2023 term. These restricted stock units shall vest on the earlier of: (i) the day prior to the annual meeting of the shareholders of the issuer that next follows the grant date or (ii) the one-year anniversary of the grant date.