Tenazas Marissa R 4
4 · FRESH DEL MONTE PRODUCE INC · Filed Mar 5, 2025
Insider Transaction Report
Form 4
Tenazas Marissa R
SVP, CHRO
Transactions
- Award
Restricted Stock Units
2025-03-03+6,854→ 6,854 total→ Ordinary Shares (6,854 underlying) - Award
Performance Stock Units
2025-03-03+6,854→ 6,854 total→ Ordinary Shares (6,854 underlying)
Holdings
- 7,394
Performance Stock Units
→ Ordinary Shares (7,394 underlying) - 2,143.465
Ordinary Shares
- 201.951
Dividend Equivalent Units
→ Ordinary Shares (201.951 underlying)
Footnotes (6)
- [F1]Each Dividend Equivalent Unit ("DEUs") represent a contingent right to receive 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 convert to Ordinary Shares on a one-to-one basis.
- [F3]The RSUs were award on 3/3/2025 and vest in three equal installments over three years. The vestings will occur on each of 3/3/2026, 3/3/2027 and 3/3/2028.
- [F4]The PSUs convert to Ordinary Shares on a one-to-one basis.
- [F5]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.
- [F6]The PSUs were awarded on 3/3/2025 and are earned subject to meeting the minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 3/3/2026, 3/3/2027 and 3/3/2028.