SEC Form 4 · accession 0001562180-17-001354
Bunge LTD · BG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Kabbes
Officer — GC and MD Corporate Affairs
Period of report
Mar 28, 2017
Accepted (ET)
Mar 30, 2017 · 2:42 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 28, 2017 | M | 4,950 | $61.60 | A | 5,507 | D | |
| Common StockF2 | Mar 28, 2017 | F | 3,814 | $79.9471 | D | 1,693 | D | |
| Common StockF3,F2 | Mar 28, 2017 | S | 593 | $79.9471 | D | 1,100 | D | |
| Common Stock | holding | — | — | — | 4,300 | I | By DGK Living Trust |
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 | $61.60 | Mar 28, 2017 | M | 4,950 | A | Mar 3, 2011 | Mar 3, 2020 | Common Stock | 4,950 | 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 14, 2017 in accordance with SEC rule 10b5-1. As of the date of this filing, the insider has 110,900 outstanding stock options.
- F2This price is a weighted average price. The shares were sold in multiple transactions at prices ranging from $79.45 to $80.24, 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 3, 2011.