Mohammed Abbas - Mar 29, 2024 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role: Chief Operating Officer
Signature: /s/ Effie D. Silva, Attorney-in-Fact for Mohammed Abbas
Stock symbol: FDP
Transactions as of: Mar 29, 2024
Transactions value $: $0
Form type: 4
Date filed: 4/2/2024, 07:06 PM
Previous filing: Mar 7, 2024
Next filing: Jun 11, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	FDP	Ordinary Shares						29.9K	Mar 29, 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	Award	$0	+597	+27.78%	$0.00	2.75K	Mar 29, 2024	Ordinary Shares	597		Direct	F1, F2
holding	FDP	Restricted Stock Units						2.84K	Mar 29, 2024	Ordinary Shares	2.84K		Direct	F3, F4
holding	FDP	Restricted Stock Units						7.16K	Mar 29, 2024	Ordinary Shares	7.16K		Direct	F3, F5
holding	FDP	Performance Stock Units						4K	Mar 29, 2024	Ordinary Shares	4K		Direct	F6, F7
holding	FDP	Performance Stock Units						3.55K	Mar 29, 2024	Ordinary Shares	3.55K		Direct	F6, F8
holding	FDP	Performance Stock Units						3K	Mar 29, 2024	Ordinary Shares	3K		Direct	F6, F9
holding	FDP	Performance Stock Units						1.95K	Mar 29, 2024	Ordinary Shares	1.95K		Direct	F6, F10
holding	FDP	Performance Stock Units						3.79K	Mar 29, 2024	Ordinary Shares	3.79K		Direct	F6, F11
holding	FDP	Performance Stock Units						3.27K	Mar 29, 2024	Ordinary Shares	3.27K		Direct	F6, F12
holding	FDP	Performance Stock Units						29.7K	Mar 29, 2024	Ordinary Shares	29.7K		Direct	F6, 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 ("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	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.
F3	The RSUs convert to Ordinary Shares on a one-for-one basis.
F4	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.
F5	The RSUs were awarded on 3/2/2023 and vest in three equal annual installments over three years. The remaining vestings will occur on 3/2/2025 and 3/2/2026.
F6	The PSUs convert to Ordinary Shares on a one-for-one basis.
F7	The PSUs were awarded 2/24/2016 subject to meeting minimum performance criteria which was met at 100%. The PSUs vested in three equal annual installments on each of 2/24/2017, 2/24/2018 and 2/24/2019. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F8	The PSUs were awarded on 2/22/2017 and subject to meeting minimum performance criteria which was met at 88.8%. The PSUs vested on 2/22/2018, 2/22/2019 and 2/22/2020. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F9	The PSUs were awarded on 2/20/2019 subject to meeting minimum performance criteria which was met at 100%. The PSUs vested in three equal annual installments on each of 2/20/2020, 2/20/2021 and 2/20/2022. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F10	The PSUs were awarded on 3/2/2020 and 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.
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 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.
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 installments on each of 3/1/2025, 3/1/2026 and 3/1/2027.