SEC Form 4 · accession 0001562180-19-001912
Bunge LTD · BG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raul Padilla
Officer — President South America, S&B
Period of report
Mar 12, 2019
Accepted (ET)
Mar 14, 2019 · 4:48 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 StockF1 | Mar 12, 2019 | A | 12,500 | $0.00 | A | 84,352 | D | |
| Common Stock | Mar 13, 2019 | M | 14,000 | $51.61 | A | 98,352 | D | |
| Common StockF2 | Mar 13, 2019 | F | 13,867 | $52.2087 | D | 84,485 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to buy)F3 | $51.89 | Mar 12, 2019 | A | 41,000 | A | — | Mar 12, 2029 | Common Stock | 41,000 | 41,000 | D |
| Stock Option (Right to Buy)F4 | $51.61 | Mar 13, 2019 | M | 14,000 | D | — | Mar 13, 2019 | Common Stock | 14,000 | 0 | D |
Explanation of responses
- F1Represents an award of restricted stock units ("RSUs"). One RSU is convertible into one share of Bunge Ltd. common stock. RSUs will vest in full on March 12, 2022.
- F2This transaction was executed in multiple trades at prices ranging from $52.20 USD to $52.25 USD; the price reported above reflects the weighted average sale price. 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.
- F3This option is exercisable in three equal annual installments beginning on March 12, 2020.
- F4This option was exercisable as to 4,668 share(s) on 13-Mar-2010, 4,666 share(s) on 13-Mar-2011, 4,666 share(s) on 13-Mar-2012