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Ingredion Inc — Director's Dealing 2011
Feb 9, 2011
30754_dirs_2011-02-09_d45076ab-ebdd-4dae-b27b-3d2405c8747a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CORN PRODUCTS INTERNATIONAL INC (CPO)
CIK: 0001046257
Period of Report: 2011-02-08
Reporting Person: HYNES MARY ANN (Sr VP, GC, Corp Sec & CCO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-02-08 | Common Stock | A | 2200 | — | Acquired | 13022 | Direct |
| 2011-02-08 | Common Stock | A | 8243 | — | Acquired | 21265 | Direct |
| 2011-02-08 | Common Stock | F | 1650 | $47.95 | Disposed | 19615 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-02-08 | Employee Stock Options(Right to Buy) | $47.95 | A | 9000 | Acquired | 2021-02-07 | Common Stock (9000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 6131.823 | Indirect |
| Common Stock | 2000 | Indirect |
| Common Stock | 14633.8509 | Indirect |
Footnotes
F1: These are restricted stock units ("RSUs") issued under the Corn Products International, Inc. Stock Incentive Plan. The RSUs may be settled only in shares of Common Stock (one share per RSU) and will vest on February 8, 2014. In the event of termination of employment due to death, disability or retirement (defined as age 55 and 10 years of service or age 62), the RSUs will vest on a pro-rata basis using the number of full months employed during the thirty-six month vesting period.
F2: Shares acquired upon vesting of performance share award granted January 29, 2008. Vesting of the performance share award was based on criteria in addition to the increase in the market price of Corn Products International, Inc.'s common stock.
F3: Shares withheld to pay applicable taxes upon the vesting of performance share award granted January 29, 2008.
F4: The information in this report is based on a plan statement dated as of January 31, 2011.
F5: Each share of phantom stock represents a right to receive one share of common stock.
F6: Includes phantom stock units acquired through deemed dividend reinvestment.
F7: These options become exercisable in three equal annual installments on February 8, 2012, 2013 and 2014.