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Ownership Document |
Schema Version: X0306 |
Document Type: 4 |
Period of Report: 9/9/22 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 1047340 |
| Issuer Name: FRESH DEL MONTE PRODUCE INC |
| Issuer Trading Symbol: FDP |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1666769 |
| | Owner Name: Cloyd Mary Ann |
| Reporting Owner Address: |
| | Owner Street 1: C/O FRESH DEL MONTE PRODUCE INC |
| | Owner Street 2: PO BOX 149222 |
| | Owner City: CORAL GABLES |
| | Owner State: FL |
| | Owner ZIP Code: 33134 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? No |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: |
| | Other Text: |
Non-Derivative Table: |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Ordinary Shares |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 12,022 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Dividend Equivalent Units |
| | Conversion or Exercise Price: |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 9/9/22 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 34.5222 |
| Footnote ID: F2 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Footnote ID: F1 |
| | Expiration Date: |
| | | Footnote ID: F1 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Ordinary Shares |
| | | Underlying Security Shares: |
| Value: 34.5222 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 34.5222 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Holding: |
| | Security Title: |
| | | Value: Restricted Stock Unit |
| | Conversion or Exercise Price: |
| | | Footnote ID: F3 |
| | Exercise Date: |
| | | Footnote ID: F4 |
| | Expiration Date: |
| | | Footnote ID: F4 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Ordinary Shares |
| | | Underlying Security Shares: |
| Value: 5,901.0 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 5,901 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - 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. |
| Footnote - 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. |
| Footnote - F3: The RSUs convert to Ordinary Shares on a one-for-one basis. |
| Footnote - F4: Represents a grant of RSUs for board service for the 2022-2023 term. These restricted stock units shall vest on the earlier of: (i) the one-year anniversary of the grant date; and (ii) the date of the next annual meeting of the shareholders of the issuer that follows the grant date. |
Remarks: |
Owner Signature: |
| Signature Name: /s/ Effie D. Silva, Attorney-in-Fact for Mary Ann Cloyd |
| Signature Date: 9/13/22 |