SEC Form 4 · accession 0001127602-16-069615
Ingredion Inc · INGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ilene S Gordon
Officer — Chairman, President and CEO · Director
Period of report
Dec 7, 2016
Accepted (ET)
Dec 9, 2016 · 5:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001046257
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 7, 2016 | G | 22,035 | $0.00 | D | 0 | I | By 2014 GRAT |
| Common StockF1,F3 | Dec 7, 2016 | G | 22,035 | $0.00 | A | 44,810 | I | By GRAT Remainder Trust |
| Common StockF4,F5 | holding | — | — | — | 102,980 | D | ||
| Common Stock | holding | — | — | — | 61,000 | I | By 2013 GRAT | |
| Common StockF6 | holding | — | — | — | 72,369 | I | By 2015 GRAT | |
| Common Stock | holding | — | — | — | 88,582 | I | By 2016 GRAT |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects distribution and transfer pursuant to the terms of the reporting person's 2014 GRAT (the "2014 GRAT") on December 7, 2016 of 22,035 shares formerly held by the 2014 GRAT to the Gordon GRAT Remainder Trust (the "Trust").
- F225,765 shares were transferred to the reporting person in payment of the annuity by the 2014 GRAT on August 26, 2016.
- F3The reporting person's spouse is the trustee of the Trust, and her adult children are the beneficiaries of the Trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F4Excludes 88,582 shares previously owned directly by the reporting person which were contributed to a grantor retained annuity trust on September 7, 2016 (the "2016 GRAT").
- F5Includes 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.
- F647,650 shares were transferred to the reporting person in payment of the annuity by the 2015 GRAT on December 7, 2016.