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Ingredion Inc — Director's Dealing 2020
Feb 7, 2020
30754_dirs_2020-02-06_e73e7464-d637-4b55-8a03-3070e07e6529.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: 2020-02-04
Reporting Person: Perez y Landazuri Pierre (SVP and President, EMEA)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-04 | Common Stock | A | 1302 | $88.35 | Acquired | 4194.3794 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-04 | Employee Stock Options (Right to Buy) | $88.35 | A | 10020 | Acquired | 2030-02-04 | Common Stock (10020) | 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 RUS) and will vest on February 4, 2023. 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 a minimum of 5 years of continuous employment with or service to the Company or its Subsidiaries or affiliates or (iii) age 55 with a minimum of 10 years of continuous employment with or service to the Company or its Subsidiaries or affiliates (in the case of each termination described in (a), (b) or (c), a "Retirement") the RSUs will vest on a prorata basis determined by multiplying the number of RSUs awarded and or credited by a fraction, the numerator of which is the number of full months that have elapsed between the Grant Date and the termination date and the denominator of which is 36. Notwithstanding the foregoing, in the event of Retirement on or after February 4, 2021, the RSUs shall continue to vest in accordance with the vesting schedule.
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 4, 2021, 2022 and 2023.