Mohammed Abbas - Mar 1, 2024 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Signature
/s/ Effie D. Silva, Attorney-in-Fact for Mohammed Abbas
Stock symbol
FDP
Transactions as of
Mar 1, 2024
Transactions value $
$0
Form type
4
Date filed
3/5/2024, 09:46 PM
Previous filing
Dec 12, 2023
Next filing
Mar 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDP Ordinary Shares Options Exercise $0 +470 +2.2% $0.00 21.8K Mar 1, 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +1.39K +6.39% $0.00 23.2K Mar 1, 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +138 +0.6% $0.00 23.3K Mar 1, 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +2.75K +11.81% $0.00 26.1K Mar 2, 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +3.57K +13.7% $0.00 29.7K Mar 2, 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +3.17K +10.69% $0.00 32.8K Mar 2, 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +345 +1.05% $0.00 33.2K Mar 2, 2024 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 Options Exercise $0 -138 -4.7% $0.00 2.81K Mar 1, 2024 Ordinary Shares 138 Direct F1, F2
transaction FDP Dividend Equivalent Units Disposed to Issuer $0 -312 -11.1% $0.00 2.5K Mar 1, 2024 Ordinary Shares 312 Direct F1, F3
transaction FDP Dividend Equivalent Units Options Exercise $0 -346 -13.86% $0.00 2.15K Mar 2, 2024 Ordinary Shares 346 Direct F1, F4
transaction FDP Restricted Stock Units Options Exercise $0 -470 -100% $0.00* 0 Mar 1, 2024 Ordinary Shares 470 Direct F5, F6
transaction FDP Restricted Stock Units Options Exercise $0 -1.39K -100% $0.00* 0 Mar 1, 2024 Ordinary Shares 1.39K Direct F5, F7
transaction FDP Restricted Stock Units Options Exercise $0 -2.75K -49.25% $0.00 2.84K Mar 2, 2024 Ordinary Shares 2.75K Direct F5, F8
transaction FDP Restricted Stock Units Options Exercise $0 -3.57K -33.3% $0.00 7.16K Mar 2, 2024 Ordinary Shares 3.57K Direct F5, F9
transaction FDP Performance Stock Units Options Exercise $0 -3.17K -49.24% $0.00 3.27K Mar 2, 2024 Ordinary Shares 3.17K Direct F10, F16
transaction FDP Performance Stock Units Disposed to Issuer $0 -10.7K -100% $0.00* 0 Mar 2, 2024 Ordinary Shares 10.7K Direct F10, F17
transaction FDP Performance Stock Units Award $0 +29.7K $0.00 29.7K Mar 1, 2024 Ordinary Shares 29.7K Direct F10, F18
holding FDP Performance Stock Units 4K Mar 1, 2024 Ordinary Shares 4K Direct F10, F11
holding FDP Performance Stock Units 3.55K Mar 1, 2024 Ordinary Shares 3.55K Direct F10, F12
holding FDP Performance Stock Units 3K Mar 1, 2024 Ordinary Shares 3K Direct F10, F13
holding FDP Performance Stock Units 1.95K Mar 1, 2024 Ordinary Shares 1.95K Direct F10, F14
holding FDP Performance Stock Units 3.79K Mar 1, 2024 Ordinary Shares 3.79K Direct F10, 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 FDP. 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 A fractional share of DEUs on the RSU vesting was paid in cash.
F3 311.57 DEUs were forfeited because the minimum performance criteria for the vesting of the underlying PSUs were not met.
F4 A fractional share of DEUs on the RSUs and PSUs vesting was paid in cash.
F5 The RSUs convert to Ordinary Shares on a one-to-one basis.
F6 The RSUs were awarded on 3/2/2020 and vest in five equal installments over four years. The remaining vesting occurred on 3/1/2024.
F7 The RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The remaining vesting occurred on 3/1/2024.
F8 The RSUs were awarded on 6/15/2022 and vest in three equal installments over three years. The remaining vesting will occur on 3/2/2025.
F9 The RSUs were awarded on 3/2/2023 and vest in three equal annual installments over three years. The remaining vestings will occur on 3/2/2025 and 3/2/2026.
F10 The PSUs convert to Ordinary Shares on a one-for-one basis.
F11 The PSUs were awarded 2/24/2016 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vested 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.
F12 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.
F13 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.
F14 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.
F15 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 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.
F16 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 vesting will occur on 3/2/2025.
F17 The PSUs previously reported as acquired by the reporting person were forfeited because the minimum performance criteria required for vesting were not met.
F18 The PSUs were awarded on 3/1/2024 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal installments on each of 3/1/2025, 3/1/2026 and 3/1/2027.