Marissa R. Tenazas - 14 Jun 2024 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
SVP, CHRO
Signature
/s/ Effie D. Silva, Attorney-in-Fact for Marissa R. Tenazas
Issuer symbol
FDP
Transactions as of
14 Jun 2024
Net transactions value
+$43,694
Form type
4
Filing time
18 Jun 2024, 17:25:12 UTC
Previous filing
11 Jun 2024
Next filing
10 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDP Ordinary Shares Purchase $43,694 +2,000 +1852% $21.85 2,108 14 Jun 2024 Direct F1

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 82 14 Jun 2024 Ordinary Shares 82 Direct F2
holding FDP Performance Stock Units 7,394 14 Jun 2024 Ordinary Shares 7,394 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $21.83 to $21.87 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
F2 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.
F3 The PSUs convert to Ordinary Shares on a one-to-one basis.
F4 The PSUs were awarded on 4/1/2024 and are earned subject to meeting the minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each 4/1/2025, 4/1/2026 and 4/1/2027.