FRESH DEL MONTE PRODUCE INC·4

Mar 7, 6:22 PM ET

BETTI TAREK AHMAD 4

4 · FRESH DEL MONTE PRODUCE INC · Filed Mar 7, 2024

Insider Transaction Report

Form 4
Period: 2024-03-05
BETTI TAREK AHMAD
Chief Human Resources Officer
Transactions
  • Sale

    Ordinary Shares

    2024-03-05$24.35/sh998$24,3013,109 total
Holdings
  • Performance Stock Units

    Ordinary Shares (1,943 underlying)
    1,943
  • Restricted Stock Units

    Ordinary Shares (555 underlying)
    555
  • Performance Stock Units

    Ordinary Shares (986.797 underlying)
    986.797
  • Dividend Equivalent Units

    Ordinary Shares (260.309 underlying)
    260.309
  • Restricted Stock Units

    Ordinary Shares (2,026 underlying)
    2,026
Footnotes (8)
  • [F1]Reflects shares sold for taxes payable upon the vesting of Restricted Stock Units ("RSUs") and Performance Stock Units ("PSUs").
  • [F2]Each Dividend Equivalent Unit ("DEUs") represent a contingent right to receive one ordinary share of FDP. DEUs are subject to the same restrictions and vesting and/or performance criteria based on the underlying RSUs and/or PSUs to which they relate.
  • [F3]The RSUs convert to Ordinary Shares on a one-for-one basis.
  • [F4]The RSUs were awarded on 6/15/2022 and vest in three equal installments over three years. The remaining vesting will occur on 3/2/2025.
  • [F5]The RSUs were awarded on 3/2/2023 and vest in three equal installments over three years. The remaining vestings will occur on 3/2/2025 and 3/2/2026.
  • [F6]The PSUs convert to Ordinary Shares on a one-for-one basis.
  • [F7]The PSUs were awarded on 3/1/2021 and are subject to meeting minimum performance criteria which was met at 91%. The PSUs vest in three equal annual installments. The remaining vesting will occur on 3/1/2024. 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.

Documents

1 file
  • 4
    wk-form4_1709853764.xmlPrimary

    FORM 4