Effie D. Silva - Mar 1, 2024 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
SVP, General Counsel & Secy
Signature
/s/ Effie D. Silva
Stock symbol
FDP
Transactions as of
Mar 1, 2024
Transactions value $
$0
Form type
4
Date filed
3/5/2024, 09:47 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 +545 +51.27% $0.00 1.61K Mar 2, 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +1.04K +64.74% $0.00 2.65K Mar 2, 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +815 +30.77% $0.00 3.46K Mar 2, 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +85 +2.45% $0.00 3.55K 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 -85.8 -29.13% $0.00 209 Mar 2, 2024 Dividend Equivalent Units 85.8 Direct F1, F2
transaction FDP Dividend Equivalent Units Disposed to Issuer $0 -90.8 -43.5% $0.00 118 Mar 1, 2024 Dividend Equivalent Units 90.8 Direct F1, F3
transaction FDP Restricted Stock Units Options Exercise $0 -545 -49.23% $0.00 562 Mar 2, 2024 Ordinary Shares 545 Direct F4, F5
transaction FDP Restricted Stock Units Options Exercise $0 -1.04K -33.28% $0.00 2.09K Mar 2, 2024 Ordinary Shares 1.04K Direct F4, F6
transaction FDP Performance Stock Units Options Exercise $0 -816 -49.21% $0.00 842 Mar 2, 2024 Ordinary Shares 816 Direct F7, F8
transaction FDP Performance Stock Units Disposed to Issuer $0 -3.13K -100% $0.00* 0 Mar 2, 2024 Ordinary Shares 3.13K Direct F7, F9
transaction FDP Performance Stock Units Award $0 +15.6K $0.00 15.6K Mar 1, 2024 Ordinary Shares 15.6K Direct F7, F10
* 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 and PSUs vesting was paid in cash.
F3 90.8469 DEUs were forfeited because the minimum performance criteria for the vesting of the underlying PSUs were not met.
F4 The RSUs convert to Ordinary Shares on a one-for-one basis.
F5 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.
F6 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.
F7 The PSUs convert to Ordinary Shares on a one-for-one basis.
F8 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, 3/2/2024 and 3/2/2025.
F9 The PSUs previously reported as acquired by the reporting person were forfeited because the minimum performance criteria required for vesting were not met.
F10 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.