Form 4 for INGR Ingredion Inc
Accepted 2022-02-18 00:00:00 ET · period of report 2022-02-16 · accession 0001127602-22-005703 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-18 | 2022-02-16 | INGR | Gray James D | CFO, Executive VP | A - Grant | $88.66 | +3,563 | 27.1K | +15% | +$315.9K |
| D | 2022-02-18 | 2022-02-16 | INGR | Gray James D | CFO, Executive VP | A - Grant | $88.66 | +21.0K | 21.0K | New | +$1.86M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-02-16 | A | A | 3,563 | $88.66 | 27,123.93 | D | — | — | (F1) These are restricted stock units ("RSU's") issued under the Ingredion Incorporated Stock Incentive Plan. The RSU's may be settled only in shares of common stock (one share per RSU) and will vest on February 16, 2025. 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 RSU's will vest on a pro-rata basis determined by multiplying the number of RSU's 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 16, 2023, the RSU's shall continue to vest in accordance with the vesting schedule. (F2) Includes restricted stock units (RSU's) acquired through deemed dividend reinvestment. RSU's acquired through deemed dividend reinvestment vest on the dates when the RSU's with respect to which they are deemed dividends vest. |
| 2 | Derivative | Employee Stock Options (Right to Buy) | 2022-02-16 | A | A | 21,007 | $88.66 | 21,007 | D | $88.66 · — to 2032-02-16 | 21,007 Common Stock | (F3) These options will vest in three equal annual installments on February 16, 2023, 2024, and 2025. |