APPARECIDO ALEXANDRE 4
4 · FRESH DEL MONTE PRODUCE INC · Filed Aug 19, 2024
Insider Transaction Report
Form 4
APPARECIDO ALEXANDRE
VP, Global Internal Audit
Transactions
- Sale
Ordinary Shares
2024-08-15$27.56/sh−1,500$41,337→ 1,139 total
Holdings
- 500
Restricted Stock Units
→ Ordinary Shares (500 underlying) - 769.889
Performance Stock Units
→ Ordinary Shares (769.889 underlying) - 5,170
Performance Stock Units
→ Ordinary Shares (5,170 underlying) - 502
Restricted Stock Units
→ Ordinary Shares (502 underlying) - 474.306
Dividend Equivalent Units
→ Ordinary Shares (474.306 underlying) - 1,909
Performance Stock Units
→ Ordinary Shares (1,909 underlying) - 1,263
Restricted Stock Units
→ Ordinary Shares (1,263 underlying)
Footnotes (9)
- [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]The RSUs converted to Ordinary Shares on a one-to-one basis.
- [F3]The RSUs were awarded on 3/30/2021 and vest in five equal annual installments. The remaining vesting will occur on 3/30/2025.
- [F4]The RSUs were awarded on 6/15/2022 and vest in three equal annual installments. The remaining vesting will occur on 3/2/2025.
- [F5]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.
- [F6]The PSUs convert to Ordinary Shares on a one-to-one basis.
- [F7]The PSUs were awarded on 3/1/2021 and subject to meeting minimum performance criteria which was met at 91%. The PSUs vest in three equal annual installments. 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.
- [F9]The PSUs were awarded on 3/1/2024 and are earned 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.