SEC Form 4 · accession 0001225208-18-006370
INTERNATIONAL FLAVORS & FRAGRANCES INC · IFF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Francisco Fortanet
Officer — EVP, Operations
Period of report
Mar 15, 2018
Accepted (ET)
Mar 19, 2018 · 2:29 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 StockF1 | Mar 15, 2018 | A | 1,263 | $0.00 | A | 20,654 | D | |
| Common StockF2 | Mar 15, 2018 | F | 516 | $139.03 | D | 20,138 | D | |
| Common Stock | holding | — | — | — | 10 | I | By 401k |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares represent the 50% portion of the reporting person's payout under the 2015-2017 Long Term Incentive Plan ("LTIP") cycle settled in shares of the issuer's common stock. The number of shares was determined based on the average closing market price of the issuer's common stock for the twenty trading days prior to January 2, 2015, the first stock trading day of the LTIP cycle.
- F2Shares withheld to satisfy tax withholding obligations in connection with the receipt of shares under the LTIP.