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Filing Details

Accession Number:: 0001047340-23-000031
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-02-22 21:58:24
Reporting Period:: 2023-02-20

Accepted Time:: 2023-02-22 21:58:24
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1047340	Fresh Del Monte Produce Inc	FDP	Agricultural Production-Crops (100)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1663529	Mohammed Abbas	C/O Fresh Del Monte Produce Inc. 241 Sevilla Avenue Coral Gables FL 33134	Chief Operating Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Ordinary Shares	Acquisiton	2023-02-20	400	$0.00	15,489	No	4	M	Direct
Ordinary Shares	Acquisiton	2023-02-20	23	$0.00	15,512	No	4	M	Direct
Ordinary Shares	Disposition	2023-02-22	127	$30.18	15,385	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Ordinary Shares	Dividend Equivalent Units	Disposition	2023-02-20	23	$0.00	23	$0.00
Ordinary Shares	Restricted Stock Unit	Disposition	2023-02-20	400	$0.00	400	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1,545			No	4	M	Direct
0			No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Ordinary Shares	5,000	Indirect	By Spouse

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Amount	Remaning Holdings	Nature of Ownership
Ordinary Shares	Restricted Stock Units	$0.00	939	939	Direct
Ordinary Shares	Restricted Stock Units	$0.00	2,779	2,779	Direct
Ordinary Shares	Restricted Stock Units	$0.00	8,346	8,346	Direct
Ordinary Shares	Performance Stock Units	$0.00	4,000	4,000	Direct
Ordinary Shares	Performance Stock Units	$0.00	3,552	3,552	Direct
Ordinary Shares	Performance Stock Units	$0.00	3,000	3,000	Direct
Ordinary Shares	Performance Stock Units	$0.00	1,948	1,948	Direct
Ordinary Shares	Performance Stock Units	$0.00	3,791	3,791	Direct
Ordinary Share	Performance Stock Units	$0.00	9,877	9,877	Direct

Amount	Remaning Holdings	Nature of Ownership
939	939	Direct
2,779	2,779	Direct
8,346	8,346	Direct
4,000	4,000	Direct
3,552	3,552	Direct
3,000	3,000	Direct
1,948	1,948	Direct
3,791	3,791	Direct
9,877	9,877	Direct

Footnotes

Reflects shares sold for taxes payable upon the vesting of RSUs.
These shares are owned by the Reporting Person's spouse. The Reporting Person disclaims beneficial ownership of the shares owned by his spouse, except to the extent of his pecuniary interest therein.
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 and/or performance criteria based on the underlying Restricted Stock Units ("RSUs") and/or Performance Stock Units ("PSUs") to which they relate.
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.
.1017 DEUs were deducted from the total due to fractional shares being paid in cash.
The RSUs convert to Ordinary Shares on a one-for-one basis.
RSUs were awarded on 2/20/19 and vest in five equal installments over four years. The remaining vesting of 400 shares will occur on 2/20/23.
RSUs were awarded on 3/2/2020 and vest in five equal installments over four years. The remaining vestings will occur on 3/1/2023 and 3/1/2024.
RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The remaining vestings will occur on 3/1/2023 and 3/1/2024.
RSUs were awarded on 6/15/2022 and vest in three equal installments over three years. The vestings will occur on 6/15/2023, 3/2/2024 and 3/2/2025.
The PSUs convert to Ordinary Shares on a one-for-one basis.
The PSUs were awarded 2/24/2016 and subject to meeting minimum performance criteria which was met at 100%. The PSUs vested in three equal annual installments on each of 2/24/2017, 2/24/2018 and 2/24/2019. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
The PSUs were awarded on 2/22/2017 and subject to meeting minimum performance criteria which was met at 88.8%. The PSUs vested in three equal installments on each of 2/22/2018, 2/22/2019 and 2/22/2020. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
The PSUs were awarded on 2/20/2019 and subject to meeting minimum performance criteria which was met at 100%. The PSUs vest in three equal annual installments on each of 2/20/2020, 2/20/2021 and 2/20/2022. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
The PSUs were awarded on 3/2/2020 and subject to meeting minimum performance criteria which was met at 83%. Once earned, the PSUs vest in three equal annual installments on each of 3/1/2021, 3/1/2022 and 3/1/2023. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
The PSUs were awarded on 3/1/2021 and subject to meeting minimum performance criteria which was met at 91%. Once earned, the PSUs vest in three equal annual installments on each of 3/1/2022, 3/1/2023 and 3/1/2024. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
The PSUs were awarded on 6/15/2022 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 6/15/2023, 3/2/2024 and 3/2/2025. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.