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Ingredion Inc — Director's Dealing 2018
Jan 10, 2018
30754_dirs_2018-01-10_4c551743-2555-4c1d-b213-a5ace3b58d9d.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Ingredion Inc (INGR)
CIK: 0001046257
Period of Report: 2018-01-01
Reporting Person: Peres Pousada Ernesto JR (SVP and Pres., South America)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 8786.3802 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy) | $99.96 | 2026-02-01 | Common Stock (7475) | Direct | |
| Employee Stock Options (Right to Buy) | $118.97 | 2027-02-06 | Common Stock (6044) | Direct |
Footnotes
F1: These are 8,786.3802 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). 7,141.7467 RSUs will vest on February 1, 2019, 900.0473 RSUs will vest on February 2, 2019 and 744.5862 RSUs will vest on February 7, 2020. 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, provided, however, that such pro-rata vesting will not apply to the February 7, 2017 grant of RSUs that will vest on February 7, 2020 unless the Reporting Person retires on or after February 7, 2018.
F2: 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.
F3: One third of these options vested on February 2, 2017, and the remaining two thirds of these options will vest in equal annual installments on February 2, 2018 and 2019.
F4: These options will vest in three equal annual installments on February 7, 2018, 2019 and 2020.