Mary Ann Cloyd - Sep 6, 2024 Form 4 Insider Report for FRESH DEL MONTE PRODUCE INC (FDP)

Role
Director
Signature
/s/ Effie D. Silva, Attorney-in-Fact for Mary Ann Cloyd
Stock symbol
FDP
Transactions as of
Sep 6, 2024
Transactions value $
$0
Form type
4
Date filed
9/10/2024, 05:05 PM
Previous filing
Aug 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FDP Ordinary Shares 22.2K Sep 6, 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 +53.4 +78.38% $0.00 121 Sep 6, 2024 Ordinary Shares 53.4 Direct F1, F2
holding FDP Restricted Stock Units 6.16K Sep 6, 2024 Ordinary Shares 6.16K Direct F3, F4
* 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 criteria based on the underlying Restricted Stock Units ("RSUs") to which they relate.
F2 Reflects DEUs received by the Reporting Person as a result of dividend equivalents accrued with respect to outstanding RSUs 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 are subject to the same restrictions and vesting conditions as the underlying RSUs.
F3 The RSUs convert to Ordinary Shares on a one-for-one basis.
F4 These RSUs shall vest on the one-year anniversary of the grant date (May 7, 2024).