Peres Pousada Ernesto JR 4
4 · Ingredion Inc · Filed Feb 8, 2018
Insider Transaction Report
Form 4
Ingredion IncINGR
Peres Pousada Ernesto JR
SVP and Pres., South America
Transactions
- Award
Common Stock
2018-02-06+863→ 9,686.603 total - Award
Employee Stock Options (Right to Buy)
2018-02-06+7,508→ 7,508 totalExercise: $130.30Exp: 2028-02-05→ Common Stock (7,508 underlying)
Footnotes (3)
- [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 6, 2021. 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. Notwithstanding the foregoing, in the event of such retirement on or after February 6, 2019, the RSUs will vest on February 6, 2021.
- [F2]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.
- [F3]These options will vest in three equal annual installments on February 6, 2019, 2020 and 2021.