SEC Form 4 · accession 0001562180-17-001343
Bunge LTD · BG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Soren Schroder
Officer — Chief Executive Officer · Director
Period of report
Mar 24, 2017
Accepted (ET)
Mar 28, 2017 · 5:05 pm EDT
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 Stock | Mar 24, 2017 | M | 4,500 | $51.61 | A | 69,140 | D | |
| Common Stock | Mar 24, 2017 | M | 25,000 | $61.60 | A | 94,140 | D | |
| Common Stock | Mar 24, 2017 | M | 30,000 | $71.20 | A | 124,140 | D | |
| Common Stock | Mar 24, 2017 | M | 37,500 | $67.63 | A | 161,640 | D | |
| Common Stock | Mar 24, 2017 | M | 20,000 | $50.07 | A | 181,640 | D | |
| Common StockF2 | Mar 24, 2017 | F | 93,066 | $80.0072 | D | 88,574 | D | |
| Common StockF3,F2 | Mar 24, 2017 | S | 12,532 | $80.0072 | D | 76,042 | 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 | $71.20 | Mar 24, 2017 | M | 30,000 | A | Mar 2, 2012 | Mar 2, 2021 | Common Stock | 30,000 | 0 | D |
| Stock Option (Right to Buy)F5 | $67.63 | Mar 24, 2017 | M | 37,500 | A | Feb 28, 2013 | Feb 28, 2022 | Common Stock | 37,500 | 0 | D |
| Stock Option (Right to Buy)F6 | $61.60 | Mar 24, 2017 | M | 25,000 | A | Mar 3, 2011 | Mar 3, 2020 | Common Stock | 25,000 | 0 | D |
| Stock Option (Right to Buy)F7 | $50.07 | Mar 24, 2017 | M | 20,000 | A | Mar 1, 2017 | Mar 1, 2026 | Common Stock | 20,000 | 210,000 | D |
| Stock Options (Right to buy)F8 | $51.61 | Mar 24, 2017 | M | 4,500 | A | Mar 13, 2010 | Mar 13, 2019 | Common Stock | 4,500 | 0 | D |
Explanation of responses
- F1All of the transactions reported on this Form 4 were effected pursuant to a written 10b5-1 trading plan entered into on March 10, 2017 in accordance with SEC rule 10b5-1. As of the date of this filing, the insider has 675,525 outstanding stock options.
- F2This price is a weighted average price. The shares were sold in multiple transactions at prices ranging from $80.00 to $80.13, inclusive. The reporting person undertakes to provide to Bunge Limited, any security holder of Bunge Limited, 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 ranges set forth in the footnote.
- F3Shares sold for the purpose of the payment of tax liability incident to the exercise of stock options.
- F4This option was exercisable in three substantially equal installments beginning on March 2, 2012.
- F5This option was exercisable in three substantially equal installments beginning on February 28, 2013.
- F6This option was exercisable in three substantially equal installments beginning on March 3, 2011.
- F7This option was exercisable in three substantially equal installments beginning on March 1, 2017.
- F8This option was exercisable in three substantially equal installments beginning on March 13, 2010.