Calvo Jesus Rodriguez 4
4 · FRESH DEL MONTE PRODUCE INC · Filed Mar 18, 2024
Insider Transaction Report
Form 4
Calvo Jesus Rodriguez
SVP, NA Sales & Marketing
Transactions
- Sale
Ordinary Shares
2024-03-14$24.59/sh−2,402$59,065→ 0 total
Holdings
- 183.358
Dividend Equivalent Units
→ Ordinary Shares (183.358 underlying) - 1,346.898
Performance Stock Units
→ Ordinary Shares (1,346.898 underlying) - 900
Restricted Stock Units
→ Ordinary Shares (900 underlying) - 2,210
Restricted Stock Units
→ Ordinary Shares (2,210 underlying) - 8,617
Performance Stock Units
→ Ordinary Shares (8,617 underlying)
Footnotes (7)
- [F1]Each Dividend Equivalent Unit ("DEUs") 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 Restricted Stock Units ("RSUs") and/or Performance Stock Units ("PSUs") to which they relate.
- [F2]The RSUs convert to Ordinary Shares on a one-for-one basis.
- [F3]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.
- [F4]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.
- [F5]The PSUs convert to Ordinary Shares on a one-for-one basis.
- [F6]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.
- [F7]The PSUs were awarded on 3/1/2024 and are 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.