SEC Form 4 · accession 0001653477-17-000024
Ingevity Corp · NGVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael P. Smith
Officer — EVP, President Perf Chemicals
Period of report
Feb 27, 2017
Accepted (ET)
Mar 1, 2017 · 12:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001653477
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 27, 2017 | F | 213 | $53.48 | D | 1,400 | D | |
| Common StockF2 | Feb 27, 2017 | A | 1,412 | $0.00 | A | 2,812 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right-to-buy)F3 | $53.11 | Feb 27, 2017 | A | 3,621 | A | Feb 27, 2020 | Feb 27, 2027 | Common Stock | 3,621 | 3,621 | D |
Explanation of responses
- F1On June 20, 2016, the reporting person was granted restricted stock units pursuant to the Ingevity Corporation 2016 Omnibus Incentive Plan that vest in three equal installments. This filing is being made to report the units surrendered back to the Company to satisfy tax withholding obligations related to the restricted stock units that vested on February 27, 2017.
- F2Grant of restricted stock units pursuant to the Ingevity Corporation 2016 Omnibus Incentive Plan which will vest in three equal installments on February 27, 2018, 2019, and 2020.
- F3These options are granted pursuant to the Ingevity Corporation 2016 Omnibus Incentive Plan. Such options will vest in full on February 27, 2020.