SEC Form 4 · accession 0001209191-18-051656

INTERNATIONAL FLAVORS & FRAGRANCES INC · IFF

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

10% Owner

Period of report

Sep 17, 2018

Accepted (ET)

Sep 19, 2018 · 4:47 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000051253

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Sep 17, 2018	P	2,272,160	$130.25	A	17,872,160	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
6.00% Tangible Equity Units^F1,F2	—	Sep 17, 2018	P	2,958,500	A	—	—	Common Stock	927,193	2,958,500	D

F1Each 6.00% Tangible Equity Unit ("TEU") includes a prepaid stock purchase contract that will automatically settle on September 15, 2021 (the "Settlement Date") (subject to postponement in certain limited circumstances) for between 0.3134 and 0,3839 shares of the Issuer's common stock (subject to adjustment in certain circumstances), based upon the applicable market value of the Issuer's common stock prior to settlement. The Reporting Person may elect to settle the purchase contracts prior to the Settlement Date at the minimum settlement rate of 0.3134 shares of the Issuer's common stock. On or after June 18, 2019 and prior to the Settlement Date, the Issuer may elect to settle the purchase contracts at the maximum settlement rate of 0.3839 shares of the Issuer's common stock. The purchase contracts may also be settled early in connection with certain fundamental changes of the Issuer.
F2Represents the minimum number of shares of the Issuer's common stock initially issuable upon settlement of the purchase contracts included in the TEUs based on the minimum settlement rate.