SEC Form 4 · accession 0001127602-17-032771
Ingredion Inc · INGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jorgen Kokke
Officer — Sr VP & Pres, Asia-Pac & EMEA
Period of report
Nov 15, 2017
Accepted (ET)
Nov 17, 2017 · 8:38 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 Stock | Nov 15, 2017 | M | 7,700 | $59.58 | A | 23,119 | D | |
| Common Stock | Nov 15, 2017 | M | 5,000 | $82.28 | A | 28,119 | D | |
| Common Stock | Nov 15, 2017 | M | 3,559 | $99.96 | A | 31,678 | D | |
| Common Stock | Nov 15, 2017 | S | 12,636 | $132.7092 | D | 19,042 | D | |
| Common StockF3,F4 | Nov 15, 2017 | S | 7,738 | $133.4595 | D | 11,304 | D | |
| Common StockF5,F4 | Nov 16, 2017 | S | 300 | $133.39 | D | 11,004 | 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)F6 | $59.58 | Nov 15, 2017 | M | 7,700 | D | — | Feb 3, 2024 | Common Stock | 7,700 | 0 | D |
| Employee Stock Options (Right to Buy)F7 | $82.28 | Nov 15, 2017 | M | 5,000 | D | — | Feb 2, 2025 | Common Stock | 5,000 | 2,500 | D |
| Employee Stock Options (Right to Buy)F8 | $99.96 | Nov 15, 2017 | M | 3,559 | D | — | Feb 1, 2026 | Common Stock | 3,559 | 7,119 | D |
Explanation of responses
- F1The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $132.322 to $133.3059, 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.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.34 to $133.74, 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 300 shares held in joint tenancy with the reporting person's spouse, Anna M. Kokke-Radelaar.
- F4Includes 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.
- F5These 300 shares were previously held in joint tenancy with the reporting person's spouse, Anna M. Kokke-Radelaar.
- F6These options vested in equal annual installments on February 4, 2015, 2016 and 2017.
- F7Two thirds of these options became exercisable in equal annual installments on February 3, 2016 and 2017, and the remaining one third of these options will become exercisable on February 3, 2018.
- F8One third of these options became exercisable on February 2, 2017, and the remaining two thirds of these options will become exercisable in equal annual installments on February 2, 2018 and 2019.