Tarek Ahmad Betti - 14 Mar 2024 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role: Chief Human Resources Officer
Signature: /s/ Effie D. Silva, Attorney-in-Fact for Tarek Betti
Issuer symbol: FDP
Transactions as of: 14 Mar 2024
Net transactions value: -$24,420
Form type: 4
Filing time: 18 Mar 2024, 18:32:03 UTC
Previous 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	Sale	$24,420	-1,000	-32%	$24.42	2,109	14 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
holding	FDP	Dividend Equivalent Units						260	14 Mar 2024	Ordinary Shares	260		Direct	F1
holding	FDP	Restricted Stock Units						555	14 Mar 2024	Ordinary Shares	555		Direct	F2, F3
holding	FDP	Restricted Stock Units						2,026	14 Mar 2024	Ordinary Shares	2,026		Direct	F2, F4
holding	FDP	Performance Stock Units						1,943	14 Mar 2024	Ordinary Shares	1,943		Direct	F5, F6
holding	FDP	Performance Stock Units						987	14 Mar 2024	Ordinary Shares	987		Direct	F5, F7

* 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") represent 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	The RSUs convert to Ordinary Shares on a one-for-one basis.
F3	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.
F4	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.
F5	The PSUs convert to Ordinary Shares on a one-for-one basis.
F6	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.
F7	The PSUs were awarded on 6/15/2022 and are 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.