Cloyd Mary Ann 4
4 · FRESH DEL MONTE PRODUCE INC · Filed Sep 10, 2024
Insider Transaction Report
Form 4
Cloyd Mary Ann
Director
Transactions
- Award
Dividend Equivalent Units
2024-09-06+53.377→ 121.48 total→ Ordinary Shares (53.377 underlying)
Holdings
- 6,162
Restricted Stock Units
→ Ordinary Shares (6,162 underlying) - 22,188
Ordinary Shares
Footnotes (4)
- [F1]Each Dividend Equivalent Unit ("DEU") represents a contingent right to receive one ordinary share of FDP. DEUs are subject to the same restrictions and vesting criteria based on the underlying Restricted Stock Units ("RSUs") to which they relate.
- [F2]Reflects DEUs received by the Reporting Person as a result of dividend equivalents accrued with respect to outstanding RSUs granted to the Reporting Person. Dividend equivalents are accrued at the same rate and at the same time as dividends are paid to Ordinary Shareholders. Dividend equivalents on RSUs are subject to the same restrictions and vesting conditions as the underlying RSUs.
- [F3]The RSUs convert to Ordinary Shares on a one-for-one basis.
- [F4]These RSUs shall vest on the one-year anniversary of the grant date (May 7, 2024).