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

Signature
/s/ Effie D. Silva, Attorney-in-Fact for Alexandre Apparecido
Issuer symbol
FDP
Transactions as of
01 Mar 2024
Net transactions value
$0
Form type
4
Filing time
05 Mar 2024, 21:47:43 UTC
Previous filing
10 Jan 2024
Next filing
07 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDP Ordinary Shares Options Exercise $0 +701 $0.000000 701 01 Mar 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +49 +7% $0.000000 750 01 Mar 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +485 +65% $0.000000 1,235 02 Mar 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +630 +51% $0.000000 1,865 02 Mar 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +745 +40% $0.000000 2,610 02 Mar 2024 Direct
transaction FDP Ordinary Shares Options Exercise $0 +68 +2.6% $0.000000 2,678 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 Disposed to Issuer $0 -55 -11% $0.000000 451 01 Mar 2024 Ordinary Shares 55 Direct F1, F2
transaction FDP Dividend Equivalent Units Options Exercise $0 -50 -11% $0.000000 401 01 Mar 2024 Ordinary Shares 50 Direct F1, F3
transaction FDP Dividend Equivalent Units Options Exercise $0 -69 -17% $0.000000 332 02 Mar 2024 Ordinary Shares 69 Direct F1, F4
transaction FDP Restricted Stock Units Options Exercise $0 -701 -100% $0.000000* 0 01 Mar 2024 Ordinary Shares 701 Direct F5, F7
transaction FDP Restricted Stock Units Options Exercise $0 -485 -49% $0.000000 502 02 Mar 2024 Ordinary Shares 485 Direct F5, F9
transaction FDP Restricted Stock Units Options Exercise $0 -630 -33% $0.000000 1,263 02 Mar 2024 Ordinary Shares 630 Direct F5, F10
transaction FDP Performance Stock Units Options Exercise $0 -746 -49% $0.000000 770 02 Mar 2024 Ordinary Shares 746 Direct F11, F13
transaction FDP Performance Stock Units Options Exercise $0 -1,893 -100% $0.000000* 0 01 Mar 2024 Ordinary Shares 1,893 Direct F11, F14
transaction FDP Performance Stock Units Award $0 +5,170 $0.000000 5,170 01 Mar 2024 Ordinary Shares 5,170 Direct F11, F15
holding FDP Restricted Stock Units 500 01 Mar 2024 Ordinary Shares 500 Direct F5, F6
holding FDP Restricted Stock Units 1,000 01 Mar 2024 Ordinary Shares 1,000 Direct F5, F8
holding FDP Performance Stock Units 1,909 01 Mar 2024 Ordinary Shares 1,909 Direct F11, F12
* 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 received 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 54.9786 DEUs were forfeited because the minimum performance criteria for the vesting of the underlying PSUs were not met.
F3 A fractional share of DEUs on the RSUs vesting was paid in cash.
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 3/30/2020 and vest in five equal annual installments. The remaining vesting will occur on 3/30/2024.
F7 The RSUs were awarded on 3/1/2021 and vest in three annual installments. The remaining vesting occurred on 3/1/2024.
F8 The RSUs were awarded on 3/30/2021 and vest in five equal annual installments. The remaining vestings will occur on 3/30/2024 and 3/30/2025.
F9 The RSUs were awarded on 6/15/2022 and vest in three equal annual installments. The remaining vesting will occur on 3/2/2025.
F10 The RSUs were awarded on 3/2/2023 and vest in three equal annual installments. The remaining vesting will occur on 3/2/2025.
F11 The PSUs convert to Ordinary Shares on a one-to-one basis.
F12 The PSUs were awarded on 3/1/2021 and subject to meeting minimum performance criteria which was met at 91%. The PSUs vested in three equal annual installments. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F13 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.
F14 The PSUs previously reported as acquired by the reporting person were forfeited because the minimum performance criteria required for vesting were not met.
F15 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.