FRESH DEL MONTE PRODUCE INC — Director's Dealing 2021

Aug 4, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRESH DEL MONTE PRODUCE INC (FDP)
CIK: 0001047340
Period of Report: 2021-08-02

Reporting Person: Pelaez Reyes Jorge (VP, Central America)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-08-02	Ordinary Shares	M	500	—	Acquired	500	Direct
2021-08-02	Ordinary Shares	M	22	—	Acquired	522	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-08-02	Dividend Equivalent Units	$	M	22	Disposed		Ordinary Shares (22.0)	Direct
2021-08-02	Restricted Stock Units	$	M	500	Disposed		Ordinary Shares (500.0)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Ordinary Shares (600.0)	600	Direct
Restricted Stock Units	$		Ordinary Shares (800.0)	800	Direct
Restricted Stock Units	$		Ordinary Shares (1511.0)	1511	Direct
Restricted Stock Units	$		Ordinary Shares (2626.0)	2626	Direct
Performance Stock Units	$		Ordinary Shares (3000.0)	3000	Direct
Performance Stock Units	$		Ordinary Shares (2090.0)	2090	Direct
Performance Stock Units	$		Ordinary Shares (2626.0)	2626	Direct

Footnotes

F1: Vesting of final tranche which was awarded on 8/2/2017.

F2: Represents settlement of Dividend Equivalent Units ("DEUs") associated with the Restricted Stock Units ("RSUs") vested.

F3: 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.

F4: A fractional share of DEUs on the RSUs vesting was paid in cash.

F5: The RSUs convert to Ordinary Shares on a one-for-one basis.

F6: The RSUs were awarded on 8/2/2017 and vest in five equal annual installments over four years of which one is remaining on 8/2/2021.

F7: RSUs were awarded on 2/21/18 and vested in five equal installments over four years. The remaining vesting of 600 shares will occur on 2/21/22.

F8: RSUs were awarded on 2/20/19 and vest in five equal installments over four years. The remaining vestings of 400 shares will occur on 2/20/22 and 2/20/23.

F9: RSUs were awarded on 3/2/2020 and vest in five equal installments over four years. The remaining vestings will occur on 3/1/2022, 3/1/2023 and 3/1/2024.

F10: The RSUs were awarded on 3/1/2021 and vest in three equal installments over three years. The vestings will occur on each 3/1/2022, 3/1/2023 and 3/1/2024.

F11: The PSUs convert to Ordinary Shares on a one-for-one basis.

F12: The PSUs were awarded on 2/20/2019 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 2/20/2021. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.

F13: The PSUs were awarded on 3/2/2020 subject to meeting minimum performance criteria, which was met at 83%. 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.

F14: The PSUs were awarded on 3/1/2021 and are earned subject to meeting minimum performance criteria. 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.