SEC Form 4 · accession 0001127602-18-032472
Ingredion Inc · INGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christine M. Castellano
Officer — Sr. VP, GC, Corp. Sec. & CCO
Period of report
Nov 6, 2018
Accepted (ET)
Nov 7, 2018 · 8:30 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 6, 2018 | M | 4,800 | $28.75 | A | 28,168 | D | |
| Common Stock | Nov 6, 2018 | M | 1,667 | $47.95 | A | 29,835 | D | |
| Common Stock | Nov 6, 2018 | M | 2,800 | $55.95 | A | 32,635 | D | |
| Common Stock | Nov 6, 2018 | M | 5,700 | $66.07 | A | 38,335 | D | |
| Common Stock | Nov 6, 2018 | M | 11,100 | $59.58 | A | 49,435 | D | |
| Common Stock | Nov 6, 2018 | M | 11,200 | $82.28 | A | 60,635 | D | |
| Common StockF1 | Nov 6, 2018 | S | 36,367 | $105.2789 | D | 24,268 | D | |
| Common StockF2 | Nov 6, 2018 | S | 900 | $105.99 | D | 23,368 | D | |
| Common StockF3,F4 | holding | — | — | — | 1,642 | I | Phantom Stock | |
| Common Stock | holding | — | — | — | 1,226 | I | By 401(k) Plan |
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)F5 | $28.75 | Nov 6, 2018 | M | 4,800 | D | — | Jan 25, 2020 | Common Stock | 4,800 | 0 | D |
| Employee Stock Options (Right to Buy)F6 | $47.95 | Nov 6, 2018 | M | 1,667 | D | — | Feb 7, 2021 | Common Stock | 1,667 | 0 | D |
| Employee Stock Options (Right to Buy)F7 | $55.95 | Nov 6, 2018 | M | 2,800 | D | — | Feb 6, 2022 | Common Stock | 2,800 | 0 | D |
| Employee Stock Options (Right to Buy)F8 | $66.07 | Nov 6, 2018 | M | 5,700 | D | — | Feb 4, 2023 | Common Stock | 5,700 | 0 | D |
| Employee Stock Options (Right to Buy)F9 | $59.58 | Nov 6, 2018 | M | 11,100 | D | — | Feb 3, 2024 | Common Stock | 11,100 | 0 | D |
| Employee Stock Options (Right to Buy)F10 | $82.28 | Nov 6, 2018 | M | 11,200 | D | — | Feb 2, 2025 | Common Stock | 11,200 | 0 | 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 $104.82 to $105.69, 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.
- F10These options vested in three equal annual installments on February 3, 2016, 2017 and 2018.
- F2Includes 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.
- F3Each phantom stock unit represents the right to receive one share of common stock.
- F4Includes phantom stock units acquired through deemed dividend reinvestment.
- F5The grant of options which included these options vested in three equal annual installments on January 26, 2011, 2012 and 2013.
- F6The grant of options which included these options vested in three equal annual installments on February 8, 2012, 2013 and 2014.
- F7These options vested in three equal annual installments on February 7, 2013, 2014 and 2015.
- F8These options vested in three equal annual installments on February 5, 2014, 2015 and 2016.
- F9These options vested in three equal annual installments on February 4, 2015, 2016 and 2017.