AI assistant
Ingredion Inc — Director's Dealing 2016
Feb 4, 2016
30754_dirs_2016-02-04_856e5c42-c786-48f8-b085-be16ed97e186.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Ingredion Inc (INGR)
CIK: 0001046257
Period of Report: 2016-02-02
Reporting Person: FORTNUM JACK C (Exec. VP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-02 | Common Stock | A | 3301 | — | Acquired | 141103.4728 | Direct |
| 2016-02-02 | Common Stock | A | 9800 | — | Acquired | 150903.4728 | Direct |
| 2016-02-02 | Common Stock | F | 3019 | $99.96 | Disposed | 147884.4728 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-02 | Employee Stock Options (Right to Buy) | $99.96 | A | 28190 | Acquired | 2026-02-01 | Common Stock (28190) | Direct |
Footnotes
F1: These are restricted stock units ("RSUs") issued under the Ingredion Incorporated Stock Incentive Plan. The RSUs may be settled only in shares of common stock (one share per RSU) and will vest on February 2, 2019. In the event of termination of employment due to (a) death, (b) disability or (c) retirement on or after (i) age 65, (ii) age 62 with 5 years of service or (iii) age 55 with 10 years of service, the RSUs will vest on a pro-rata basis using the number of full months employed during the thirty-six month vesting period. Notwithstanding the foregoing, in the event of such retirement on or after February 2, 2017, the RSUs will vest on February 2, 2019.
F2: Shares acquired upon vesting of performance share award granted February 5, 2013. Vesting of the performance share award was based on criteria in addition to the increase in the market price of Ingredion Incorporated's common stock.
F3: Shares withheld to pay applicable taxes upon the vesting of performance share award granted February 5, 2013.
F4: Includes RSUs acquired through deemed dividend reinvestment. RSUs acquired through deemed dividend reinvestment vest on the dates when the RSUs with respect to which they are deemed dividends vest.
F5: These options become exercisable in three equal annual installments on February 2, 2017, 2018 and 2019.