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

Role
VP, Central America
Signature
/s/ Effie D. Silva, Attorney-in-Fact for Jorge Pelaez Reyes
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
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDP Ordinary Shares Options Exercise $0 +504 +29.54% $0.00 2.21K Mar 1, 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +878 +39.73% $0.00 3.09K Mar 1, 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +79 +2.56% $0.00 3.17K Mar 1, 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +556 +17.56% $0.00 3.72K Mar 2, 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +737 +19.8% $0.00 4.46K Mar 2, 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +854 +19.15% $0.00 5.31K Mar 2, 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +104 +1.96% $0.00 5.42K 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 -79 -8.23% $0.00 882 Mar 1, 2024 Ordinary Shares 79 Direct F1, F2
transaction FDP Dividend Equivalent Units Disposed to Issuer $0 -64.4 -7.3% $0.00 818 Mar 1, 2024 Ordinary Shares 64.4 Direct F1, F3
transaction FDP Dividend Equivalent Units Options Exercise $0 -105 -12.81% $0.00 713 Mar 2, 2024 Ordinary Shares 105 Direct F1, F4
transaction FDP Restricted Stock Units Options Exercise $0 -504 -100% $0.00* 0 Mar 1, 2024 Ordinary Shares 504 Direct F5, F6
transaction FDP Restricted Stock Units Options Exercise $0 -878 -100% $0.00* 0 Mar 1, 2024 Ordinary Shares 878 Direct F5, F7
transaction FDP Restricted Stock Units Options Exercise $0 -556 -49.2% $0.00 574 Mar 2, 2024 Ordinary Shares 556 Direct F5, F8
transaction FDP Restricted Stock Units Options Exercise $0 -737 -33.26% $0.00 1.48K Mar 2, 2024 Ordinary Shares 737 Direct F5, F9
transaction FDP Performance Stock Units Options Exercise $0 -855 -49.24% $0.00 881 Mar 2, 2024 Ordinary Shares 855 Direct F10, F14
transaction FDP Performance Stock Units Disposed to Issuer $0 -2.22K -100% $0.00* 0 Mar 2, 2024 Ordinary Shares 2.22K Direct F10, F15
transaction FDP Performance Stock Units Award $0 +6K $0.00 6K Mar 1, 2024 Ordinary Shares 6K Direct F10, F16
holding FDP Performance Stock Units 2.39K Mar 1, 2024 Ordinary Shares 2.39K Direct F10, F11
holding FDP Performance Stock Units 2.09K Mar 1, 2024 Ordinary Shares 2.09K Direct F10, F12
holding FDP Performance Stock Units 3K Mar 1, 2024 Ordinary Shares 3K 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 ("DEUs") 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 64.3597 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 3/2/2020 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 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 2/20/2019 and subject to minimum performance criteria which met at 100%. The PSUs vested in three equal annual installments on each of 2/20/2020, 2/20/2021 and 2/20/2023. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F12 The PSUs were awarded on 3/2/2020 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 are subject to meeting minimum performance criteria which was met at 91%. Once earned, 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.
F14 The PSUs were awarded on 6/15/2022 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three annual installments on each of 6/15/2023, 3/2/2024 and 3/2/2025.
F15 The PSUs previously reported as acquired by the reporting person were forfeited because the minimum performance criteria required for vesting were not met.
F16 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 annual installments on each of 3/1/2025, 3/1/2026 and 3/1/2027.