Jesus Rodriguez Calvo - Aug 4, 2023 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Signature
/s/ Effie D. Silva, Attorney-in-Fact for Jesus Rodriguez Calvo
Stock symbol
FDP
Transactions as of
Aug 4, 2023
Transactions value $
-$44,940
Form type
4
Date filed
8/8/2023, 05:34 PM
Previous filing
Jun 20, 2023
Next filing
Sep 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDP Ordinary Shares Sale -$44.9K -1.61K -100% $28.00 0 Aug 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
holding FDP Dividend Equivalent Units 244 Aug 4, 2023 Ordinary Shares 244 Direct F2
holding FDP Restricted Stock Units 1.8K Aug 4, 2023 Ordinary Shares 1.8K Direct F3, F4
holding FDP Restricted Stock Units 3.31K Aug 4, 2023 Ordinary Shares 3.31K Direct F3, F5
holding FDP Performance Stock Units 2.65K Aug 4, 2023 Ordinary Shares 2.65K Direct F6, F7
holding FDP Performance Stock Units 3.31K Aug 4, 2023 Ordinary Shares 3.31K Direct F6, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $27.98 to $28.01 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
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 Restricted Stock Units ("RSUs") and/or Performance Stock Units ("PSUs") to which they relate.
F3 RSUs convert to Ordinary Shares on a one-for-one basis.
F4 The RSUs were awarded on 12/1/2020 and vest in five equal installments over four years. The remaining vestings will occur on 12/1/2023 and 12/1/2024.
F5 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.
F6 PSUs convert to Ordinary Shares on a one-for-one basis.
F7 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. The remaining vestings will occur on each of 3/2/2024 and 3/2/2025.
F8 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.