Mohammed Abbas - Jun 9, 2023 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
Chief Operating Officer
Signature
/s/ Effie D. Silva, Attorney-in-Fact for Mohammed Abbas
Stock symbol
FDP
Transactions as of
Jun 9, 2023
Transactions value $
$0
Form type
4
Date filed
6/13/2023, 07:31 PM
Previous filing
Apr 4, 2023
Next filing
Jun 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FDP Ordinary Shares 16.7K Jun 9, 2023 Direct
holding FDP Ordinary Shares 5K Jun 9, 2023 By Spouse 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 Award $0 +447 +25.36% $0.00 2.21K Jun 9, 2023 Ordinary Shares 447 Direct F2, F3
holding FDP Restricted Stock Units 470 Jun 9, 2023 Ordinary Shares 470 Direct F4, F5
holding FDP Restricted Stock Units 1.39K Jun 9, 2023 Ordinary Shares 1.39K Direct F4, F6
holding FDP Restricted Stock Units 8.35K Jun 9, 2023 Ordinary Shares 8.35K Direct F4, F7
holding FDP Restricted Stock Units 10.7K Jun 9, 2023 Ordinary Shares 10.7K Direct F4, F8
holding FDP Performance Stock Units 4K Jun 9, 2023 Ordinary Shares 4K Direct F9, F10
holding FDP Performance Stock Units 3.55K Jun 9, 2023 Ordinary Shares 3.55K Direct F9, F11
holding FDP Performance Stock Units 3K Jun 9, 2023 Ordinary Shares 3K Direct F9, F12
holding FDP Performance Stock Units 1.95K Jun 9, 2023 Ordinary Shares 1.95K Direct F9, F13
holding FDP Performance Stock Units 3.79K Jun 9, 2023 Ordinary Shares 3.79K Direct F9, F14
holding FDP Performance Stock Units 9.88K Jun 9, 2023 Ordinary Shares 9.88K Direct F9, F15
holding FDP Performance Stock Units 10.7K Jun 9, 2023 Ordinary Shares 10.7K Direct F9, F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are owned by the Reporting Person's spouse. The Reporting Person disclaims beneficial ownership of the shares owned by his spouse, except to the extent of his pecuniary interest therein.
F2 Each Dividend Equivalent Unit ("DEU") 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.
F3 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.
F4 The RSUs convert to Ordinary Shares on a one-for-one basis.
F5 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.
F6 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.
F7 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.
F8 The RSUs were awarded on 3/2/2023 and vest in three equal annual installments on 3/2/2024, 3/2/2025 and 3/2/2026.
F9 The PSUs convert to Ordinary Shares on a one-for-one basis.
F10 The PSUs were awarded on 2/24/2016 and subject to meeting minimum performance criteria which was met at 100%. The PSUs vested in three equal annual installments on each of 2/24/2017, 2/24/2018 and 2/24/2019. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F11 The PSUs were awarded on 2/22/2017 and subject to meeting minimum performance criteria which was met at 88.8%. The PSUs vested in three equal installments on each of 2/22/2018, 2/22/2019 and 2/22/2020. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F12 The PSUs were awarded on 2/20/2019 and subject to meeting minimum performance criteria which was met at 100%. The PSUs vested in three equal annual installments on each of 2/20/2020, 2/20/2021 and 2/20/2022. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F13 The PSUs were awarded on 3/2/2020 and subject to meeting minimum performance criteria which was met at 83%. The PSUs vested 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.
F14 The PSUs were awarded on 3/1/2021 and subject to meeting minimum performance criteria which was met at 91%. 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.
F15 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.
F16 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.