Michael J. Berthelot - Aug 7, 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
Stock symbol
FDP
Transactions as of
Aug 7, 2023
Transactions value $
-$170,826
Form type
4
Date filed
8/9/2023, 05:35 PM
Previous filing
Jun 13, 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 -$171K -6K -30.21% $28.47 13.9K Aug 7, 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 42.1 Aug 7, 2023 Ordinary Shares 42.1 Direct F2
holding FDP Restricted Stock Units 5.67K Aug 7, 2023 Ordinary Shares 5.67K 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.