Tarek Ahmad Betti - 03 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: 03 Mar 2023
Net transactions value: -$16,548
Form type: 4
Filing time: 07 Mar 2023, 16:16:36 UTC
Previous filing: 03 Mar 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	Sale	$16,548	-518	-100%	$31.94	0	03 Mar 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
holding	FDP	Dividend Equivalent Units						162	03 Mar 2023	Ordinary Shares	162		Direct	F1
holding	FDP	Restricted Stock Unit						714	03 Mar 2023	Ordinary Shares	714		Direct	F2, F3
holding	FDP	Restricted Stock Units						1,631	03 Mar 2023	Ordinary Shares	1,631		Direct	F2, F4
holding	FDP	Restricted Stock Units						3,037	03 Mar 2023	Ordinary Shares	3,037		Direct	F2, F5
holding	FDP	Performance Stock Units						1,943	03 Mar 2023	Ordinary Shares	1,943		Direct	F6, F7
holding	FDP	Performance Stock Units						2,982	03 Mar 2023	Ordinary Shares	2,982		Direct	F6, F8
holding	FDP	Performance Stock Units						3,037	03 Mar 2023	Ordinary Shares	3,037		Direct	F6, F9

* 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 RSUs and/or Performance Stock Units ("PSUs") to which they relate.
F2	The RSUs convert to Ordinary Shares on a one-for-one basis.
F3	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.
F4	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.
F5	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.
F6	The PSUs convert to Ordinary Shares on a one-for-one basis.
F7	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.
F8	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.
F9	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.