Tarek Ahmad Betti - 15 Jun 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: 15 Jun 2023
Net transactions value: -$9,813
Form type: 4
Filing time: 20 Jun 2023, 20:01:19 UTC
Previous filing: 13 Jun 2023
Next filing: 09 Aug 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	Options Exercise	$0	+550		$0.000000	550	15 Jun 2023	Direct
transaction	FDP	Ordinary Shares	Options Exercise	$0	+980	+178%	$0.000000	1,530	15 Jun 2023	Direct
transaction	FDP	Ordinary Shares	Sale	$3,542	-130	-8.5%	$27.25	1,400	15 Jun 2023	Direct	F1
transaction	FDP	Ordinary Shares	Sale	$6,270	-233	-17%	$26.91	1,167	15 Jun 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	Disposed to Issuer	$0	-2	-0.58%	$0.000000	328	15 Jun 2023	Ordinary Shares	2		Direct	F2, F3
transaction	FDP	Dividend Equivalent Units	Options Exercise	$0	-36	-11%	$0.000000	292	15 Jun 2023	Ordinary Shares	36		Direct	F2, F4
transaction	FDP	Restricted Stock Units	Options Exercise	$0	-538	-33%	$0.000000	1,093	15 Jun 2023	Ordinary Shares	538		Direct	F5, F7
transaction	FDP	Performance Stock Units	Disposed to Issuer	$0	-80	-2.7%	$0.000000	2,902	15 Jun 2023	Ordinary Shares	80		Direct	F9, F11, F12
transaction	FDP	Performance Stock Units	Options Exercise	$0	-958	-33%	$0.000000	1,944	15 Jun 2023	Ordinary Shares	958		Direct	F4, F9, F12
holding	FDP	Restricted Stock Unit						714	15 Jun 2023	Ordinary Shares	714		Direct	F5, F6
holding	FDP	Restricted Stock Units						3,037	15 Jun 2023	Ordinary Shares	3,037		Direct	F5, F8
holding	FDP	Performance Stock Units						1,943	15 Jun 2023	Ordinary Shares	1,943		Direct	F9, F10
holding	FDP	Performance Stock Units						3,037	15 Jun 2023	Ordinary Shares	3,037		Direct	F9, F13

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects shares sold for taxes payable upon the vesting of Performance Stock Units ("PSUs") and Restricted Stock Units ("RSUs").
F2	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 RSUs and/or PSUs to which they relate.
F3	These DEUs were cancelled since the performance criteria on the underlying PSUs was met at 97.3%.
F4	1.6182 DEUs were deducted from the total due to fractional shares being paid in cash.
F5	The RSUs convert to Ordinary Shares on a one-for-one basis.
F6	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.
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 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 3/1/2021 and are 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.
F11	Since the performance criteria was met at 97.3%, 80 PSUs previously reported on Form 4 were cancelled.
F12	The PSUs were awarded on 6/15/2022 and subject to meeting minimum performance criteria which was met at 97.3%. Once earned, the PSUs vest in three equal annual installments on each of 6/15/2023, 3/2/2024 and 3/2/2025.
F13	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.