Mohammed Abbas - Dec 8, 2023 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role: Chief Operating Officer
Signature: /s/ Effie D. Silva, Attorney-in-Fact for Mohammed Abbas
Stock symbol: FDP
Transactions as of: Dec 8, 2023
Transactions value $: $0
Form type: 4
Date filed: 12/12/2023, 08:01 PM
Previous filing: Sep 12, 2023
Next filing: Mar 5, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	FDP	Ordinary Shares						21.3K	Dec 8, 2023	Direct

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	+429	+17.26%	$0.00	2.92K	Dec 8, 2023	Ordinary Shares	429		Direct	F1, F2
holding	FDP	Restricted Stock Units						470	Dec 8, 2023	Ordinary Shares	470		Direct	F3, F4
holding	FDP	Restricted Stock Units						1.39K	Dec 8, 2023	Ordinary Shares	1.39K		Direct	F3, F5
holding	FDP	Restricted Stock Units						5.59K	Dec 8, 2023	Ordinary Shares	5.59K		Direct	F3, F6
holding	FDP	Restricted Stock Units						10.7K	Dec 8, 2023	Ordinary Shares	10.7K		Direct	F3, F7
holding	FDP	Performance Stock Units						4K	Dec 8, 2023	Ordinary Shares	4K		Direct	F8, F9
holding	FDP	Performance Stock Units						3.55K	Dec 8, 2023	Ordinary Shares	3.55K		Direct	F8, F10
holding	FDP	Performance Stock Units						3K	Dec 8, 2023	Ordinary Shares	3K		Direct	F8, F11
holding	FDP	Performance Stock Units						1.95K	Dec 8, 2023	Ordinary Shares	1.95K		Direct	F8, F12
holding	FDP	Performance Stock Units						3.79K	Dec 8, 2023	Ordinary Shares	3.79K		Direct	F8, F13
holding	FDP	Performance Stock Units						6.44K	Dec 8, 2023	Ordinary Shares	6.44K		Direct	F8, F14
holding	FDP	Performance Stock Units						10.7K	Dec 8, 2023	Ordinary Shares	10.7K		Direct	F8, F15

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

Explanation of Responses:

Id	Content
F1	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.
F2	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.
F3	The RSUs convert to Ordinary Shares on a one-for-one basis.
F4	The RSUs were awarded on 3/2/2020 and vest in five equal installments over four years. The remaining vesting will occur on 3/1/2024.
F5	The RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The remaining vesting will occur on 3/1/2024.
F6	The RSUs were awarded on 6/15/2022 and vest in three equal installments over three years. The remaining vestings will occur on 3/2/2024 and 3/2/2025.
F7	The RSUs were awarded on 3/2/2023 and vest in three equal annual installments on of 3/2/2024, 3/2/2025 and 3/2/2026.
F8	The PSUs convert to Ordinary Shares on a one-for-one basis.
F9	The PSUs were awarded 2/24/2016 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vest in three equal annual installments on each of 2/24/2017, 2/24/2018 and 2/24/2019. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F10	The PSUs were awarded on 2/22/2017 subject to meeting minimum performance criteria, which was met at 88.8%. The PSUs vest between 2/22/2018 and 2/22/2020, of which the last traunch will vest on 2/22/2020. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F11	The PSUs were awarded on 2/20/2019 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vested in three equal annual installments on each of 2/20/2020, 2/20/2021 and 2/20/2022. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F12	The PSUs were awarded on 3/2/2020 and subject to meeting minimum performance criteria which was met at 83%. The PSUs vested in three equal annual installments on each of 3/1/2021, 3/1/2022 and 3/1/2023. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F13	The PSUs were awarded on 3/1/2021 and subject to meeting minimum performance criteria which was met at 91%. The PSUs vest in three equal annual installments. The remaining vesting will occur on 3/1/2024. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F14	The PSUs were awarded on 6/15/2022 and subject to meeting minimum performance criteria which was met at 97.3%. The PSUs vest in three equal annual installments. The remaining vestings will occur on 3/2/2024 and 3/2/2025.
F15	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.