Michael J. Berthelot - May 4, 2023 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
Director
Signature
/s/ Effie D. Silva, Attorney-in-Fact for Michael J. Berthelot
Stock symbol
FDP
Transactions as of
May 4, 2023
Transactions value $
$0
Form type
4
Date filed
5/8/2023, 05:30 PM
Previous filing
Apr 4, 2023
Next filing
Jun 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDP Ordinary Shares Options Exercise $0 +5.9K +42.57% $0.00 19.8K May 4, 2023 Direct
transaction FDP Ordinary Shares Options Exercise $0 +97 +0.49% $0.00 19.9K May 4, 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 -97.5 -100% $0.00* 0 May 4, 2023 Ordinary Shares 97.5 Direct F2
transaction FDP Restricted Stock Units Options Exercise $0 -5.9K -100% $0.00* 0 May 4, 2023 Ordinary Shares 5.9K Direct F3, F4
transaction FDP Restricted Stock Units Award $0 +5.67K $0.00 5.67K May 4, 2023 Ordinary Shares 5.67K Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 .4905 Dividend Equivalent Units ("DEUs") were deducted from the total due to fractional shares being paid in cash.
F2 Each DEU represents a contingent right to receive one Ordinary Share of the Issuer. DEUs are subject to the same restrictions and vesting criteria based on the underlying Restricted Stock Units ("RSUs") to which they relate.
F3 The RSUs convert to Ordinary Shares on a one-for-one basis.
F4 These RSUs vested on the earlier of: (i) the one-year anniversary of the grant date; and (ii) the date of the next annual meeting of the shareholders of the Issuer that follows the grant date.
F5 These RSUs shall vest on the earlier of: (i) the one-year anniversary of the grant date (May 4, 2023); and (ii) the date of the next annual meeting of the shareholders of the Issuer that follows the grant date.