Monica Vicente - 01 Mar 2024 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
SVP, Chief Financial Officer
Signature
/s/ Effie D. Silva, Attorney-in-Fact for Monica Vicente
Issuer symbol
FDP
Transactions as of
01 Mar 2024
Net transactions value
$0
Form type
4
Filing time
05 Mar 2024, 21:46:28 UTC
Previous filing
12 Feb 2024
Next filing
07 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDP Ordinary Shares Options Exercise $0 +200 +7.4% $0.000000 2,912 01 Mar 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +649 +22% $0.000000 3,561 01 Mar 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +62 +1.7% $0.000000 3,623 01 Mar 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +545 +15% $0.000000 4,168 02 Mar 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +1,274 +31% $0.000000 5,442 02 Mar 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +815 +15% $0.000000 6,257 02 Mar 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +92 +1.5% $0.000000 6,349 02 Mar 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 -63 -16% $0.000000 335 01 Mar 2024 Ordinary Shares 63 Direct F1, F2
transaction FDP Dividend Equivalent Units Disposed to Issuer $0 -111 -33% $0.000000 224 01 Mar 2024 Ordinary Shares 111 Direct F1, F3
transaction FDP Dividend Equivalent Units Options Exercise $0 -93 -41% $0.000000 131 02 Mar 2024 Ordinary Shares 93 Direct F1, F4
transaction FDP Restricted Stock Units Options Exercise $0 -649 -100% $0.000000* 0 01 Mar 2024 Ordinary Shares 649 Direct F5, F6
transaction FDP Restricted Stock Units Options Exercise $0 -200 -100% $0.000000* 0 01 Mar 2024 Ordinary Shares 200 Direct F5, F7
transaction FDP Restricted Stock Units Options Exercise $0 -545 -49% $0.000000 562 02 Mar 2024 Ordinary Shares 545 Direct F5, F8
transaction FDP Restricted Stock Units Options Exercise $0 -1,274 -33% $0.000000 2,552 02 Mar 2024 Ordinary Shares 1,274 Direct F5, F9
transaction FDP Performance Stock Units Options Exercise $0 -816 -49% $0.000000 842 02 Mar 2024 Ordinary Shares 816 Direct F10, F11
transaction FDP Performance Stock Units Disposed to Issuer $0 -3,826 -100% $0.000000* 0 02 Mar 2024 Ordinary Shares 3,826 Direct F10, F12
transaction FDP Performance Stock Units Award $0 +20,247 $0.000000 20,247 01 Mar 2024 Ordinary Shares 20,247 Direct F10, F13
* 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 RSUs vesting was paid in cash.
F3 111.1183 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-for-one basis.
F6 The RSUs were awarded on 3/1/2021 and vest in three equal installment over three years. The remaining vesting occurred on 3/1/2024.
F7 The RSUs were awarded on 3/2/2020 and vest in five equal installments over four years. The remaining vesting occurred on 3/1/24.
F8 RSUs were awarded on 6/15/2022 and vest in three equal installments over three years. The remaining vestings will occur on 3/2/2025.
F9 The RSUs were awarded on 3/2/2023 and vest in three equal 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 on 6/15/2022 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 6/15/2023, 6/15/2024 and 6/15/2025. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F12 The PSUs previously reported as acquired by the reporting person were forfeited because the minimum performance criteria required for vesting were not met.
F13 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.