Gianpaolo Renino - Mar 1, 2023 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
V.P. Europe and Africa
Signature
/s/ Effie D. Silva, Attorney-in-Fact for Gianpaolo Renino
Stock symbol
FDP
Transactions as of
Mar 1, 2023
Transactions value $
$0
Form type
4
Date filed
3/3/2023, 04:53 PM
Previous filing
Feb 22, 2023
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDP Ordinary Shares Options Exercise $0 +388 +8.24% $0.00 5.1K Mar 1, 2023 Direct
transaction FDP Ordinary Shares Options Exercise $0 +1K +19.67% $0.00 6.1K Mar 1, 2023 Direct
transaction FDP Ordinary Shares Options Exercise $0 +61 +1% $0.00 6.16K Mar 1, 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 Dividend Equivalent Units Options Exercise $0 -61 -6.82% $0.00 834 Mar 1, 2023 Ordinary Shares 61 Direct F1, F2
transaction FDP Restricted Stock Units Options Exercise $0 -388 -49.94% $0.00 389 Mar 1, 2023 Ordinary Shares 388 Direct F3, F4
transaction FDP Restricted Stock Units Options Exercise $0 -1K -49.9% $0.00 1.01K Mar 1, 2023 Ordinary Shares 1K Direct F3, F5
transaction FDP Restricted Stock Units Award $0 +2.86K $0.00 2.86K Mar 2, 2023 Ordinary Shares 2.86K Direct F3, F7
transaction FDP Performance Stock Units Award $0 +2.86K $0.00 2.86K Mar 2, 2023 Ordinary Shares 2.86K Direct F8, F14
holding FDP Restricted Stock Unit 1.8K Mar 1, 2023 Ordinary Shares 1.8K Direct F3, F6
holding FDP Performance Stock Units 3.55K Mar 1, 2023 Ordinary Shares 3.55K Direct F8, F9
holding FDP Performance Stock Units 3K Mar 1, 2023 Ordinary Shares 3K Direct F8, F10
holding FDP Performance Stock Units 1.61K Mar 1, 2023 Ordinary Shares 1.61K Direct F8, F11
holding FDP Performance Stock Units 2.74K Mar 1, 2023 Ordinary Shares 2.74K Direct F8, F12
holding FDP Performance Stock Units 2.84K Mar 1, 2023 Ordinary Shares 2.84K Direct F8, F13
* 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 .7244 DEUs were deducted from the total due to fractional shares being paid in cash.
F3 The RSUs convert to Ordinary Shares on a one-for-one basis.
F4 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.
F5 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.
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 2/22/2017 and subject to meeting minimum performance criteria which was met at 88.8%. The PSUs vest in three equal annual installments on each of 2/22/2018, 2/22/2019 and 2/20/2020. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F10 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.
F11 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. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F12 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.
F13 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.
F14 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.