SEC Form 4 · accession 0001127602-17-027699
Ingredion Inc · INGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James P. Zallie
Officer — Ex VP Global Spec & Pres Amer · Director
Period of report
Sep 15, 2017
Accepted (ET)
Sep 19, 2017 · 2:23 pm EDT
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 Stock | Sep 15, 2017 | M | 123 | $59.58 | A | 29,429 | D | |
| Common Stock | Sep 15, 2017 | S | 123 | $125.00 | D | 29,306 | D | |
| Common Stock | Sep 18, 2017 | M | 13,949 | $59.58 | A | 43,255 | D | |
| Common Stock | Sep 18, 2017 | M | 13,900 | $66.07 | A | 57,155 | D | |
| Common StockF2,F3 | Sep 18, 2017 | S | 27,849 | $125.3933 | D | 29,306 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy)F4 | $59.58 | Sep 15, 2017 | M | 123 | D | — | Feb 3, 2024 | Common Stock | 123 | 13,949 | D |
| Employee Stock Options (Right to Buy)F4 | $59.58 | Sep 18, 2017 | M | 13,949 | D | — | Feb 3, 2024 | Common Stock | 13,949 | 0 | D |
| Employee Stock Options (Right to Buy)F5 | $66.07 | Sep 18, 2017 | M | 13,900 | D | — | Feb 4, 2023 | Common Stock | 13,900 | 0 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 10, 2017.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.00 to $125.98, inclusive. The reporting person undertakes to provide Ingredion Incorporated, any security holder of Ingredion Incorporated or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the immediately preceding sentence.
- F3Includes 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.
- F4These options vested in equal annual installments on February 4, 2015, 2016 and 2017.
- F5These options vested in three equal annual installments on February 5, 2014, 2015 and 2016.