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Ingredion Inc — Director's Dealing 2019
Feb 12, 2019
30754_dirs_2019-02-12_132cb031-550e-414d-87a0-e273e652b2cb.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Ingredion Inc (INGR)
CIK: 0001046257
Period of Report: 2019-02-08
Reporting Person: Bastos-Licht Valdirene (Sr. VP and Pres, Asia-Pacific)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-08 | Common Stock | A | 1157 | — | Acquired | 3340.7702 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-08 | Employee Stock Options (Right to Buy) | $91.85 | A | 7580 | Acquired | 2029-02-07 | Common Stock (7580) | 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 8, 2022. 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. Nothwithstanding the foregoing, in the event of such retirement on or after February 8, 2020, the RSUs will vest on February 8, 2022.
F2: Includes restricted stock units ("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: These options will vest in three equal annual installments on February 8, 2020, 2021 and 2022.