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Ingredion Inc — Director's Dealing 2011
May 6, 2011
30754_dirs_2011-05-06_af1008f1-00cd-4c90-b61d-5b5fee08bd06.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: 2011-05-04
Reporting Person: GORDON ILENE S (Director, Chairman, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-05-04 | Common Stock | F | 23320 | $53.85 | Disposed | 108884.7165 | Direct |
Footnotes
F1: Shares withheld to pay applicable taxes upon the vesting of 56,259.5412 restricted stock units ("RSUs") granted on May 4, 2009.
F2: Includes 66,561 shares of common stock. Also includes 15,754.2160 RSUs issued under the Corn Products International, Inc. Stock Incentive Plan on May 4, 2009 and 491.3589 RSUs acquired through deemed dividend reinvestment with respect to these RSUs. 3,150.8432 of these RSUs will become vested on each of May 4, 2012, 2013, 2014, 2015 and 2016, provided, that all of these RSUs will become vested in the event of the reporting person's death or disability while employed by the issuer, upon the reporting person's involuntary termination by the issuer without cause or upon the occurrence of a change in control as defined in the reporting person's Executive Severance Agreement. Also includes 26,500 RSUs issued under the Corn Products International, Inc. Stock Incentive Plan on February 8, 2011 and 68.9591 RSUs acquired through deemed dividend reinvestment with respect to these RSUs. These RSUs will vest on February 8, 2014. In the event of the reporting person's termination of employment due to death, disability or retirement (defined as age 55 and 10 years of service or age 62), these RSUs will vest on a pro-rata basis using the number of full months employed during the thirty-six month vesting period. Each RSU represents a right to acquire one share of Common Stock.