SEC Form 4 · accession 0001562180-17-001222
Bunge LTD · BG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pierre Mauger
Officer — Chief Development Officer
Period of report
Mar 7, 2017
Accepted (ET)
Mar 9, 2017 · 5:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001144519
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 7, 2017 | A | 3,185 | $0.00 | A | 5,839 | D | |
| Common StockF2 | Mar 7, 2017 | F | 1,196 | $81.82 | D | 4,643 | D | |
| Common StockF3 | Mar 8, 2017 | A | 2,800 | $0.00 | A | 7,443 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F4 | $81.00 | Mar 8, 2017 | A | 34,000 | A | — | Mar 8, 2027 | Common Stock | 34,000 | 34,000 | D |
Explanation of responses
- F1Represents common shares received on March 7, 2017, in settlement of performance-based restricted stock units ("PBRSUs") granted under the 2009 Bunge Limited Equity Incentive Plan, inclusive of a dividend reinvestment feature.
- F2Withholding of common stock pursuant to the terms of the 2009 Bunge Limited Equity Incentive Plan for the purpose of the payment of tax liability incident to the vesting and settlement of performance-based restricted stock units.
- F3Represents an award of restricted stock units. One restricted stock unit ("RSU") is convertible into one share of Bunge Ltd. common stock and will fully vest on March 8, 2020.
- F4This option is exercisable in three equal annual installments beginning on March 8, 2018.