Alexandre Apparecido - 15 Aug 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
15 Aug 2024
Net transactions value
-$41,337
Form type
4
Filing time
19 Aug 2024, 17:19:07 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 Sale $41,337 -1,500 -57% $27.56 1,139 15 Aug 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 474 15 Aug 2024 Ordinary Shares 474 Direct F1
holding FDP Restricted Stock Units 500 15 Aug 2024 Ordinary Shares 500 Direct F2, F3
holding FDP Restricted Stock Units 502 15 Aug 2024 Ordinary Shares 502 Direct F2, F4
holding FDP Restricted Stock Units 1,263 15 Aug 2024 Ordinary Shares 1,263 Direct F2, F5
holding FDP Performance Stock Units 1,909 15 Aug 2024 Ordinary Shares 1,909 Direct F6, F7
holding FDP Performance Stock Units 770 15 Aug 2024 Ordinary Shares 770 Direct F6, F8
holding FDP Performance Stock Units 5,170 15 Aug 2024 Ordinary Shares 5,170 Direct F6, F9
* 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 The RSUs converted to Ordinary Shares on a one-to-one basis.
F3 The RSUs were awarded on 3/30/2021 and vest in five equal annual installments. The remaining vesting will occur on 3/30/2025.
F4 The RSUs were awarded on 6/15/2022 and vest in three equal annual installments. 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. The remaining vestings will occur on 3/2/2025 and 3/2/2026.
F6 The PSUs convert to Ordinary Shares on a one-to-one basis.
F7 The PSUs were awarded on 3/1/2021 and subject to meeting minimum performance criteria which was met at 91%. The PSUs vest in three equal annual installments. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
F8 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.
F9 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.