Ghazaleh Mohammad Abu - 01 Mar 2023 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
Chairman and CEO, Director, 10%+ Owner
Signature
/s/ Effie D. Silva, Attorney-in-Fact for Mohammad Abu-Ghazaleh
Issuer symbol
FDP
Transactions as of
01 Mar 2023
Net transactions value
$0
Form type
4
Filing time
03 Mar 2023, 16:50:11 UTC
Previous filing
22 Feb 2023
Next filing
04 Apr 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 +10,000 +0.15% $0.000000 6,850,152 01 Mar 2023 Direct
transaction FDP Ordinary Shares Options Exercise $0 +20,052 +0.29% $0.000000 6,870,204 01 Mar 2023 Direct
transaction FDP Ordinary Shares Options Exercise $0 +11,068 +0.16% $0.000000 6,881,272 01 Mar 2023 Direct
transaction FDP Ordinary Shares Options Exercise $0 +18,248 +0.27% $0.000000 6,899,520 01 Mar 2023 Direct
transaction FDP Ordinary Shares Options Exercise $0 +2,686 +0.04% $0.000000 6,902,206 01 Mar 2023 Direct
holding FDP Ordinary Shares 20,000 01 Mar 2023 Held by Spouse

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 -2,686 -50% $0.000000 2,676 01 Mar 2023 Ordinary Shares 2,686 Direct F1, F2
transaction FDP Restricted Stock Units Options Exercise $0 -10,000 -50% $0.000000 10,000 01 Mar 2023 Ordinary Shares 10,000 Direct F4, F5
transaction FDP Restricted Stock Units Options Exercise $0 -20,052 -50% $0.000000 20,113 01 Mar 2023 Ordinary Shares 20,052 Direct F4, F6
transaction FDP Restricted Stock Unit Award $0 +22,720 $0.000000 22,720 02 Mar 2023 Ordinary Shares 22,720 Direct F4, F7
transaction FDP Performance Stock Units Options Exercise $0 -11,068 -100% $0.000000* 0 01 Mar 2023 Ordinary Shares 11,068 Direct F8, F9
transaction FDP Performance Stock Units Options Exercise $0 -18,248 -50% $0.000000 18,303 01 Mar 2023 Ordinary Shares 18,248 Direct F8, F10
transaction FDP Performance Stock Units Award $0 +53,013 $0.000000 53,013 02 Mar 2023 Ordinary Shares 53,013 Direct F8, F12
holding FDP Employee Stock Options (Right to Buy) 64,400 01 Mar 2023 Ordinary Shares 64,400 $28.89 Direct F3
holding FDP Performance Stock Units 101,672 01 Mar 2023 Ordinary Shares 101,672 Direct F8, F11
* 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 2.2976 DEUs were deducted from the total due to fractional shares being paid in cash.
F3 Stock Options are fully vested.
F4 The RSUs convert to Ordinary Shares on a one-for-one basis.
F5 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.
F6 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.
F7 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.
F8 The PSUs convert to Ordinary Shares on a one-for-one basis.
F9 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.
F10 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.
F11 The PSUs were awarded on 7/6/2022 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal installments on each of 7/6/2023, 3/2/2024 and 3/2/2025.
F12 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.