Helmuth Lutty - 01 Mar 2023 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role: SVP, Network Shipping & Ops
Signature: /s/ Effie D. Silva, Attorney-in-Fact for Helmuth Lutty
Issuer symbol: FDP
Transactions as of: 01 Mar 2023
Net transactions value: -$16,611
Form type: 4
Filing time: 03 Mar 2023, 16:49:43 UTC
Previous filing: 22 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FDP	Ordinary Shares	Options Exercise	$0	+525	+177%	$0.000000	821	01 Mar 2023	Direct
transaction	FDP	Ordinary Shares	Options Exercise	$0	+1,164	+142%	$0.000000	1,985	01 Mar 2023	Direct
transaction	FDP	Ordinary Shares	Options Exercise	$0	+74	+3.7%	$0.000000	2,059	01 Mar 2023	Direct
transaction	FDP	Ordinary Shares	Sale	$16,611	-526	-26%	$31.58	1,533	01 Mar 2023	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
transaction	FDP	Dividend Equivalent Units	Options Exercise	$0	-74	-13%	$0.000000	503	01 Mar 2023	Ordinary Shares	74		Direct	F2, F3
transaction	FDP	Restricted Stock Units	Options Exercise	$0	-525	-50%	$0.000000	525	01 Mar 2023	Ordinary Shares	525		Direct	F4, F5
transaction	FDP	Restricted Stock Units	Options Exercise	$0	-1,164	-50%	$0.000000	1,168	01 Mar 2023	Ordinary Shares	1,164		Direct	F4, F6
holding	FDP	Restricted Stock Units						2,174	01 Mar 2023	Ordinary Shares	2,174		Direct	F4, F7
holding	FDP	Performance Stock Units						2,000	01 Mar 2023	Ordinary Shares	2,000		Direct	F8, F9
holding	FDP	Performance Stock Units						2,179	01 Mar 2023	Ordinary Shares	2,179		Direct	F8, F10
holding	FDP	Performance Stock Units						3,182	01 Mar 2023	Ordinary Shares	3,182		Direct	F8, F11
holding	FDP	Performance Stock Units						3,574	01 Mar 2023	Ordinary Shares	3,574		Direct	F8, F12

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects shares sold for taxes payable upon the vesting of Restricted Stock Units ("RSUs").
F2	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 RSUs and/or Performance Stock Units ("PSUs") to which they relate.
F3	1.5915 DEUs were deducted from the total due to fractional shares being paid in cash.
F4	The RSUs convert to Ordinary Shares on a one-for-one basis.
F5	The RSUs were awarded on 3/2/2020 and vest in five equal installments over four years. The remaining vesting will occur on 3/1/2024.
F6	The RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The remaining vesting will occur on 3/1/2024.
F7	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.
F8	The PSUs convert to Ordinary Shares on a one-for-one basis.
F9	The PSUs were awarded on 2/20/2019 subject to meeting minimum performance criteria, which was met at 100%. Once earned, 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.
F10	The PSUs were awarded on 3/2/2020 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.
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. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F12	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.