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

Role: SVP, R&D and Agriculture
Signature: /s/ Effie D. Silva, Attorney-in-Fact for Hans Sauter
Issuer symbol: FDP
Transactions as of: 01 Mar 2023
Net transactions value: -$16,201
Form type: 4
Filing time: 03 Mar 2023, 16:52:35 UTC
Previous filing: 22 Feb 2023
Next filing: 10 Mar 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	+511	+173%	$0.000000	807	01 Mar 2023	Direct
transaction	FDP	Ordinary Shares	Options Exercise	$0	+1,132	+140%	$0.000000	1,939	01 Mar 2023	Direct
transaction	FDP	Ordinary Shares	Options Exercise	$0	+73	+3.8%	$0.000000	2,012	01 Mar 2023	Direct
transaction	FDP	Ordinary Shares	Sale	$16,201	-513	-25%	$31.58	1,499	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	-73	-13%	$0.000000	470	01 Mar 2023	Ordinary Shares	73		Direct	F2, F3
transaction	FDP	Restricted Stock Units	Options Exercise	$0	-511	-50%	$0.000000	511	01 Mar 2023	Ordinary Shares	511		Direct	F4, F5
transaction	FDP	Restricted Stock Units	Options Exercise	$0	-1,132	-50%	$0.000000	1,136	01 Mar 2023	Ordinary Shares	1,132		Direct	F4, F6
transaction	FDP	Restricted Stock Units	Award	$0	+2,940		$0.000000	2,940	02 Mar 2023	Ordinary Shares	2,940		Direct	F4, F7
transaction	FDP	Performance Stock Units	Award	$0	+2,940		$0.000000	2,940	02 Mar 2023	Ordinary Shares	2,940		Direct	F8, F13
holding	FDP	Performance Stock Units						2,000	01 Mar 2023	Ordinary Shares	2,000		Direct	F8, F9
holding	FDP	Performance Stock Units						2,119	01 Mar 2023	Ordinary Shares	2,119		Direct	F8, F10
holding	FDP	Performance Stock Units						3,094	01 Mar 2023	Ordinary Shares	3,094		Direct	F8, F11
holding	FDP	Performance Stock Units						3,609	01 Mar 2023	Ordinary Shares	3,609		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	.5369 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	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 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 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 2/20/2021. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F10	The PSUs were awarded on 3/2/2020 and subject to meeting minimum performance criteria which was met at 83%. 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 installment 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.
F13	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.