Gianpaolo Renino - 31 Mar 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
Issuer symbol: FDP
Transactions as of: 31 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 04 Apr 2023, 21:06:16 UTC
Previous filing: 03 Mar 2023
Next filing: 03 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	FDP	Ordinary Shares						6,162	31 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
transaction	FDP	Dividend Equivalent Units	Award	$0	+119	+14%	$0.000000	953	31 Mar 2023	Ordinary Shares	119		Direct	F1, F2
holding	FDP	Restricted Stock Units						389	31 Mar 2023	Ordinary Shares	389		Direct	F3, F4
holding	FDP	Restricted Stock Units						1,007	31 Mar 2023	Ordinary Shares	1,007		Direct	F3, F5
holding	FDP	Restricted Stock Unit						1,801	31 Mar 2023	Ordinary Shares	1,801		Direct	F3, F6
holding	FDP	Restricted Stock Units						2,855	31 Mar 2023	Ordinary Shares	2,855		Direct	F3, F7
holding	FDP	Performance Stock Units						3,552	31 Mar 2023	Ordinary Shares	3,552		Direct	F8, F9
holding	FDP	Performance Stock Units						3,000	31 Mar 2023	Ordinary Shares	3,000		Direct	F8, F10
holding	FDP	Performance Stock Units						1,612	31 Mar 2023	Ordinary Shares	1,612		Direct	F8, F11
holding	FDP	Performance Stock Units						2,742	31 Mar 2023	Ordinary Shares	2,742		Direct	F8, F12
holding	FDP	Performance Stock Units						2,843	31 Mar 2023	Ordinary Shares	2,843		Direct	F8, F13
holding	FDP	Performance Stock Units						2,855	31 Mar 2023	Ordinary Shares	2,855		Direct	F8, F14

* 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") represents a contingent right to receive one Ordinary Share of the Issuer. 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	Reflects DEUs received by the Reporting Person as a result of dividend equivalents accrued with respect to outstanding RSUs and/or PSUs granted to the Reporting Person. Dividend equivalents are accrued at the same rate and at the same time as dividends are paid to Ordinary Shareholders. Dividend equivalents on RSUs and/or PSUs are subject to the same restrictions and vesting conditions as the underlying RSUs and/or PSUs.
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.