Alexandre Apparecido - 06 Dec 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
06 Dec 2024
Net transactions value
$0
Form type
4
Filing time
10 Dec 2024, 18:43:51 UTC
Previous filing
10 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FDP Ordinary Shares 1,139 06 Dec 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 +80 +14% $0.000000 645 06 Dec 2024 Ordinary Shares 80 Direct F1, F2
holding FDP Restricted Stock Units 500 06 Dec 2024 Ordinary Shares 500 Direct F3, F4
holding FDP Restricted Stock Units 502 06 Dec 2024 Ordinary Shares 502 Direct F3, F5
holding FDP Restricted Stock Units 1,263 06 Dec 2024 Ordinary Shares 1,263 Direct F3, F6
holding FDP Performance Stock Units 1,909 06 Dec 2024 Ordinary Shares 1,909 Direct F7, F8
holding FDP Performance Stock Units 770 06 Dec 2024 Ordinary Shares 770 Direct F7, F9
holding FDP Performance Stock Units 5,170 06 Dec 2024 Ordinary Shares 5,170 Direct F7, F10
* 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 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-to-one basis.
F4 The RSUs were awarded on 3/30/2021 and vest in five equal annual installments. The remaining vesting will occur on 3/30/2025.
F5 The RSUs were awarded on 6/15/2022 and vest in three equal annual installments. The remaining vesting will occur on 3/2/2025.
F6 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.
F7 The PSUs convert to Ordinary Shares on a one-to-one basis.
F8 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.
F9 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.
F10 The PSUs were awarded on 3/1/2024 and 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.