Jay A. Pack - Sep 18, 2024 Form 4 Insider Report for Mission Produce, Inc. (AVO)

Role
Director
Signature
/s/ Joanne C. Wu, Attorney-in-Fact for Jay A. Pack
Stock symbol
AVO
Transactions as of
Sep 18, 2024
Transactions value $
-$970,408
Form type
4
Date filed
9/20/2024, 04:52 PM
Previous filing
Nov 7, 2024
Next filing
Nov 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVO COMMON STOCK Sale -$75.6K -5.6K -0.47% $13.49 1.18M Sep 18, 2024 PFP INVESTMENTS, LTD F1
transaction AVO COMMON STOCK Sale -$600K -44.4K -3.76% $13.51 1.14M Sep 19, 2024 PFP INVESTMENTS, LTD F1, F2
transaction AVO COMMON STOCK Sale -$295K -22K -1.93% $13.41 1.12M Sep 20, 2024 PFP INVESTMENTS, LTD F1, F3
holding AVO COMMON STOCK 123K Sep 18, 2024 JAY PACK AS TRUSTEE TO THE JP 2018 GRAT
holding AVO COMMON STOCK 159K Sep 18, 2024 JAY PACK AS TRUSTEE TO THE RP 2018 GRAT
holding AVO COMMON STOCK 385K Sep 18, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Power to vote and dispose of the shares held by PFP Investments, Ltd. is shared with the reporting person's spouse.
F2 The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $13.49 to $13.57, inclusive. The reporting person undertakes to provide to the SEC, the Issuer and any security holder, the full information regarding the number of shares and the prices at which the shares were sold.
F3 The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $13.25 to $13.53, inclusive. The reporting person undertakes to provide to the SEC, the Issuer and any security holder, the full information regarding the number of shares and the prices at which the shares were sold.

Remarks:

Transactions on September 19, 2024 and September 18, 2024 were made pursuant to a 10b5-1 Plan adopted by the Reporting Person on April 3, 2024.