SEC Form 4 · accession 0001127602-18-035434
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
Dec 3, 2018
Accepted (ET)
Dec 6, 2018 · 5:22 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 | Dec 3, 2018 | M | 6,762 | $99.96 | A | 30,130 | D | |
| Common StockF1 | Dec 3, 2018 | S | 6,662 | $105.1616 | D | 23,468 | D | |
| Common Stock | Dec 3, 2018 | S | 100 | $106.04 | D | 23,368 | D | |
| Common StockF2,F3 | Dec 3, 2018 | S | 6,499 | $105.2021 | D | 16,869 | D | |
| Common Stock | holding | — | — | — | 1,227 | I | By 401(k) Plan | |
| Common StockF4,F5 | holding | — | — | — | 1,642 | I | Phantom Stock |
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 | $99.96 | Dec 3, 2018 | M | 6,762 | D | — | Feb 1, 2026 | Common Stock | 6,762 | 3,382 | 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 $104.9000 to $105.6900, 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 $105.0000 to $105.3900, 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 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.
- F4Each phantom stock unit represents the right to receive one share of common stock.
- F5Includes phantom stock units acquired through deemed dividend reinvestment.
- F6Two thirds of these options vested on February 2, 2017 and 2018, and the remaining one third of these options will vest on February 2, 2019.