SEC Form 4 · accession 0001225208-16-040973
Archer-Daniels-Midland Co · ADM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ambrose Michael D
Officer — Senior Vice President
Period of report
Nov 1, 2016
Accepted (ET)
Nov 2, 2016 · 1:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000007084
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 1, 2016 | M | 20,762 | $26.03 | A | 177,265 | D | |
| Common StockF1 | Nov 1, 2016 | S | 20,762 | $47.1591 | D | 156,503 | D | |
| Common StockF2 | holding | — | — | — | 725 | I | By Employee Benefit Plan |
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 | $26.03 | Nov 1, 2016 | M | 20,762 | D | — | Aug 8, 2018 | Common Stock | 20,762 | 20,762 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.000 to $47.3400, inclusive. The reporting person undertakes to provide to ADM, any security holder of ADM, or the staff of the Securities and Exchange Commission, upon request, full information regarding he number of shares sold at each separate price within the ranges set forth in footnote 1 to this Form 4.
- F2Between July 29, 2016 and November 1, 2016, the reporting person acquired 4.933 shares of ADM Common Stock pursuant to an employee benefit plan. The information in this report is based on a plan statement dated November 1, 2016.
- F3The option becomes exercisable in five approximately equal annual installments beginning on August 8, 2009.