Effie D. Silva - Jun 9, 2023 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
SVP, General Counsel & Secy
Signature
/s/ Effie D. Silva
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 1.04 Jun 9, 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 Award $0 +78.5 +78.12% $0.00 179 Jun 9, 2023 Dividend Equivalent Units 78.5 Direct F2, F3
holding FDP Restricted Stock Units 1.65K Jun 9, 2023 Ordinary Shares 1.65K Direct F4, F5
holding FDP Restricted Stock Units 3.13K Jun 9, 2023 Ordinary Shares 3.13K Direct F4, F6
holding FDP Performance Stock Units 2.54K Jun 9, 2023 Ordinary Shares 2.54K Direct F7, F8
holding FDP Performance Stock Units 3.13K Jun 9, 2023 Ordinary Shares 3.13K Direct F7, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 0.0078 Ordinary Shares acquired through a dividend reinvestment plan.
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 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.
F6 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.
F7 The PSUs convert to Ordinary Shares on a one-for-one basis.
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.