Tenazas Marissa R 4
4 · FRESH DEL MONTE PRODUCE INC · Filed Jun 18, 2024
Insider Transaction Report
Form 4
Tenazas Marissa R
SVP, CHRO
Transactions
- Purchase
Ordinary Shares
2024-06-14$21.85/sh+2,000$43,694→ 2,108.008 total
Holdings
- 7,394
Performance Stock Units
→ Ordinary Shares (7,394 underlying) - 81.72
Dividend Equivalent Units
→ Ordinary Shares (81.72 underlying)
Footnotes (4)
- [F1]Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $21.83 to $21.87 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- [F2]Each Dividend Equivalent Unit ("DEUs") represent 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.
- [F3]The PSUs convert to Ordinary Shares on a one-to-one basis.
- [F4]The PSUs were awarded on 4/1/2024 and are earned subject to meeting the minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each 4/1/2025, 4/1/2026 and 4/1/2027.