Michael J. Berthelot - 07 Aug 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
Issuer symbol
FDP
Transactions as of
07 Aug 2023
Net transactions value
-$170,826
Form type
4
Filing time
09 Aug 2023, 17:35:07 UTC
Previous filing
13 Jun 2023
Next filing
12 Sep 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 Sale $170,826 -6,000 -30% $28.47 13,859 07 Aug 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 42 07 Aug 2023 Ordinary Shares 42 Direct F2
holding FDP Restricted Stock Units 5,666 07 Aug 2023 Ordinary Shares 5,666 Direct F3, F4
* 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 purchased. The prices of the shares purchased pursuant to the transaction ranged from $28.42 to $28.48 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 purchased 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 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 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.