Alexandre Apparecido - 29 Mar 2024 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role: VP, Global Internal Audit
Signature: /s/ Effie D. Silva, Attorney-in-Fact for Alexandre Apparecido
Issuer symbol: FDP
Transactions as of: 29 Mar 2024
Net transactions value: -$8,421
Form type: 4
Filing time: 02 Apr 2024, 19:06:21 UTC
Previous filing: 07 Mar 2024
Next filing: 11 Jun 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	+83	+4.4%	$0.000000	1,964	30 Mar 2024	Direct	F1
transaction	FDP	Ordinary Shares	Options Exercise	$0	+500	+25%	$0.000000	2,464	30 Mar 2024	Direct
transaction	FDP	Ordinary Shares	Options Exercise	$0	+500	+20%	$0.000000	2,964	30 Mar 2024	Direct
transaction	FDP	Ordinary Shares	Sale	$8,421	-325	-11%	$25.91	2,639	30 Mar 2024	Direct	F2

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	Award	$0	+110	+33%	$0.000000	443	29 Mar 2024	Ordinary Shares	110		Direct	F3, F4
transaction	FDP	Dividend Equivalent Units	Options Exercise	$0	-84	-19%	$0.000000	359	30 Mar 2024	Ordinary Shares	84		Direct	F3
transaction	FDP	Restricted Stock Units	Options Exercise	$0	-500	-100%	$0.000000^*	0	30 Mar 2024	Ordinary Shares	500		Direct	F5, F6
transaction	FDP	Restricted Stock Units	Options Exercise	$0	-500	-50%	$0.000000	500	30 Mar 2024	Ordinary Shares	500		Direct	F5, F7
holding	FDP	Restricted Stock Units						502	29 Mar 2024	Ordinary Shares	502		Direct	F5, F8
holding	FDP	Restricted Stock Units						1,263	29 Mar 2024	Ordinary Shares	1,263		Direct	F5, F9
holding	FDP	Performance Stock Units						1,909	29 Mar 2024	Ordinary Shares	1,909		Direct	F10, F11
holding	FDP	Performance Stock Units						770	29 Mar 2024	Ordinary Shares	770		Direct	F10, F12
holding	FDP	Performance Stock Units						5,170	29 Mar 2024	Ordinary Shares	5,170		Direct	F10, F13

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	1.0626 Dividend Equivalent Units ("DEUs") were deducted from the total due to fractional shares being paid in cash.
F2	Reflects shares sold for taxes payable upon the vesting of Restricted Stock Units ("RSUs").
F3	Each 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 RSUs and/or Performance Stock Units ("PSUs") to which they relate.
F4	Reflects DEUs received by the Reporting Person as a result of dividend equivalents accrued with respect to outstanding RSUs and/or PSUs granted to the Reporting Person. Dividend equivalents are accrued at the same rate and at the same time as dividends are paid to Ordinary Shareholders. Dividend equivalents on RSUs and/or PSUs are subject to the same restrictions and vesting conditions as the underlying RSUs and/or PSUs.
F5	The RSUs convert to Ordinary Shares on a one-for-one basis.
F6	The RSUs were awarded on 3/30/2020 and vested in five equal annual installments.
F7	The RSUs were awarded on 3/30/2021 and vest in five equal annual installments. The remaining vesting will occur on 3/30/2025.
F8	The RSUs were awarded on 6/15/2022 and vest in three equal annual installments. The remaining vesting will occur on 3/2/2025.
F9	The RSUs were awarded on 3/2/2023 and vest in three equal annual installments. The remaining vestings will occur on 3/2/2024 and 3/2/2025.
F10	The PSUs convert to Ordinary Shares on a one-to-one basis.
F11	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.
F12	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 vesting will occur on 3/2/2025.
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 annual installments on each of 3/1/2025, 3/1/2026 and 3/1/2027.