SEC Form 4 · accession 0001562180-18-001374
Bunge LTD · BG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jerry Matthews Simmons Jr.
Officer — Controller, Principal Actg Off
Period of report
Feb 28, 2018
Accepted (ET)
Mar 2, 2018 · 3:53 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 | Feb 28, 2018 | A | 2,500 | $0.00 | A | 16,279 | D | |
| Common StockF2 | Mar 1, 2018 | F | 1,897 | $75.93 | D | 14,382 | D | |
| Common StockF2 | Mar 1, 2018 | F | 260 | $75.93 | D | 14,122 | 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)F3 | $75.99 | Feb 28, 2018 | A | 8,300 | A | — | Feb 28, 2028 | Common Stock | 8,300 | 8,300 | D |
Explanation of responses
- F1Represents an award of restricted stock units. One restricted stock unit ("RSU") is convertible into one share of Bunge Ltd. common stock. Units will vest as to 25% on the first and second anniversaries of the date of grant, and 50% on the third anniversary of the date of grant.
- 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 restricted stock units.
- F3This option is exercisable in three equal annual installments beginning on February 28, 2019.