FRESH DEL MONTE PRODUCE INC·4

Dec 5, 8:51 PM ET

Calvo Jesus Rodriguez 4

4 · FRESH DEL MONTE PRODUCE INC · Filed Dec 5, 2023

Insider Transaction Report

Form 4
Period: 2023-12-01
Calvo Jesus Rodriguez
SVP, NA Sales & Marketing
Transactions
  • Sale

    Ordinary Shares

    2023-12-05$23.85/sh305$7,274651 total
  • Exercise/Conversion

    Ordinary Shares

    2023-12-01+56956 total
  • Exercise/Conversion

    Restricted Stock Units

    2023-12-01900900 total
    Ordinary Shares (900 underlying)
  • Exercise/Conversion

    Dividend Equivalent Units

    2023-12-0156277.261 total
    Ordinary Shares (56 underlying)
  • Exercise/Conversion

    Ordinary Shares

    2023-12-01+900900 total
Holdings
  • Performance Stock Units

    Ordinary Shares (3,313 underlying)
    3,313
  • Restricted Stock Units

    Ordinary Shares (3,313 underlying)
    3,313
  • Performance Stock Units

    Ordinary Shares (2,651.949 underlying)
    2,651.949
Footnotes (9)
  • [F1]Reflects shares sold for taxes payable upon the vesting of the Restricted Stock Units ("RSUs").
  • [F2]Each Dividend Equivalent Unit ("DEU") represents a contingent right to receive one Ordinary Share of the Issuer. DEUs are subject to the same restrictions and vesting and/or performance criteria based on the underlying RSUs and/or Performance Stock Units ("PSUs") to which they relate.
  • [F3].1231 DEUs were deducted from the total due to fractional shares being paid in cash.
  • [F4]RSUs convert to Ordinary Shares on a one-for-one basis.
  • [F5]The RSUs were awarded on 12/1/2020 and vest in five equal installments over four years. The remaining vesting will occur on 12/1/2024.
  • [F6]The RSUs were awarded on 3/2/2023 and vest in three equal installments on 3/2/2024, 3/2/2025 and 3/2/2026.
  • [F7]PSUs convert to Ordinary Shares on a one-for-one basis.
  • [F8]The PSUs were awarded on 6/15/2022 and are earned subject to meeting minimum performance criteria, which was met at 97.3%. The PSUs vest in three equal annual installments and the remaining vestings will occur on each of 3/2/2024 and 3/2/2025.
  • [F9]The PSUs were awarded on 3/2/2023 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 3/2/2024, 3/2/2025 and 3/2/2026.

Documents

1 file
  • 4
    wk-form4_1701827489.xmlPrimary

    FORM 4