Tarek Ahmad Betti - 01 Mar 2023 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role: Chief Human Resources Officer
Signature: /s/ Effie D. Silva, Attorney-in-Fact for Tarek Betti
Issuer symbol: FDP
Transactions as of: 01 Mar 2023
Net transactions value: -$7,011
Form type: 4
Filing time: 03 Mar 2023, 16:53:15 UTC
Previous filing: 13 Dec 2022
Next filing: 07 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	+711		$0.000000	711	01 Mar 2023	Direct
transaction	FDP	Ordinary Shares	Options Exercise	$0	+29	+4.1%	$0.000000	740	01 Mar 2023	Direct
transaction	FDP	Ordinary Shares	Sale	$7,011	-222	-30%	$31.58	518	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	-29	-15%	$0.000000	162	01 Mar 2023	Ordinary Shares	29		Direct	F2, F3
transaction	FDP	Restricted Stock Unit	Options Exercise	$0	-711	-50%	$0.000000	714	01 Mar 2023	Ordinary Shares	711		Direct	F4, F5
transaction	FDP	Restricted Stock Units	Award	$0	+3,037		$0.000000	3,037	02 Mar 2023	Ordinary Shares	3,037		Direct	F4, F7
transaction	FDP	Performance Stock Units	Award	$0	+3,037		$0.000000	3,037	02 Mar 2023	Ordinary Shares	3,037		Direct	F8, F11
holding	FDP	Restricted Stock Units						1,631	01 Mar 2023	Ordinary Shares	1,631		Direct	F4, F6
holding	FDP	Performance Stock Units						1,943	01 Mar 2023	Ordinary Shares	1,943		Direct	F8, F9
holding	FDP	Performance Stock Units						2,982	01 Mar 2023	Ordinary Shares	2,982		Direct	F8, F10

* 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 ("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 RSUs and/or Performance Stock Units ("PSUs") to which they relate.
F3	.1749 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 3/1/2021 and vest in three equal installment over three years. The remaining vesting will occur on 3/1/2024.
F6	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.
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 3/1/2021 and are 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.
F10	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.
F11	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.