Ingredion Inc 4
4 · Ingredion Inc · Filed Feb 5, 2015
Insider Transaction Report
Form 4
Ingredion IncINGR
FORTNUM JACK C
VP, President North America
Transactions
- Award
Common Stock
2015-02-03+8,026→ 141,404.871 total - Tax Payment
Common Stock
2015-02-03$82.28/sh−2,528$208,004→ 138,876.871 total - Award
Common Stock
2015-02-03+3,700→ 133,378.871 total - Award
Employee Stock Options (Right to Buy)
2015-02-03+30,200→ 30,200 totalExercise: $82.28Exp: 2025-02-02→ Common Stock (30,200 underlying)
Footnotes (5)
- [F1]These are restricted stock units ("RSUs") issued under the Ingredion Incorporated Stock Incentive Plan. The RSUs may be settled only in shares of common stock (one share per RSU) and will vest on February 3, 2018. In the event of termination of employment due to (a) death, (b) disability or (c) retirement on or after (i) age 65, (ii) age 62 with 5 years of service or (iii) age 55 with 10 years of service, the RSUs will vest on a pro-rata basis using the number of full months employed during the thirty-six month vesting period.
- [F2]Shares acquired upon vesting of performance share award granted February 7, 2012. Vesting of the performance share award was based on criteria in addition to the increase in the market price of Ingredion Incorporated's common stock.
- [F3]Shares withheld to pay applicable taxes upon the vesting of performance share award granted February 7, 2012.
- [F4]Includes RSUs acquired through deemed dividend reinvestment. RSUs acquired through deemed dividend reinvestment vest on the dates when the RSUs with respect to which they are deemed dividends vest.
- [F5]These options become exercisable in three equal annual installments on February 3, 2016, 2017 and 2018.