Effie D. Silva - Mar 2, 2023 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
SVP, General Counsel & Secy
Signature
/s/ Effie D. Silva
Stock symbol
FDP
Transactions as of
Mar 2, 2023
Transactions value $
$0
Form type
4
Date filed
3/3/2023, 04:47 PM
Previous filing
Dec 13, 2022
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FDP Ordinary Shares 1.02 Mar 2, 2023 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 +3.13K $0.00 3.13K Mar 2, 2023 Ordinary Shares 3.13K Direct F2, F4
transaction FDP Performance Stock Units Award $0 +3.13K $0.00 3.13K Mar 2, 2023 Ordinary Shares 3.13K Direct F5, F7
holding FDP Dividend Equivalent Units 48.1 Mar 2, 2023 Dividend Equivalent Units 48.1 Direct F1
holding FDP Restricted Stock Units 1.65K Mar 2, 2023 Ordinary Shares 1.65K Direct F2, F3
holding FDP Performance Stock Units 2.54K Mar 2, 2023 Ordinary Shares 2.54K Direct F5, F6
* 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 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 The 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.
F4 The RSUs were awarded on 3/2/2023 and vest in three equal installments on 3/2/2024, 3/2/2025 and 3/2/2026.
F5 The PSUs convert to Ordinary Shares on a one-for-one basis.
F6 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.
F7 The PSUs were awarded on 3/2/2023 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 3/2/2024, 3/2/2025 and 3/2/2026.