Adefioye Elizabeth 4
4 · Ingredion Inc · Filed Mar 18, 2021
Insider Transaction Report
Form 4
Ingredion IncINGR
Adefioye Elizabeth
SVP and Chief Human Res Off
Transactions
- Award
Common Stock
2021-03-16$92.03/sh+1,358$124,977→ 12,982.16 total
Footnotes (2)
- [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 as follows: - Regular Vesting: The RSUs will vest one-third per year at the end of years one, two and three. - Upon Death, Disability or Retirement (defined as age 55 with 10 years of service, age 62 and 5 years of service, (or age 65): the RSUs will vest on a pro-rata basis using the number of full months employed during the thirty-six month vesting period. Any outstanding RSU granted more than one-year prior to retirement would be 100% vested. - Change-in-control ("CIC"): "Double trigger" in the event grants are not assumed or equitably replaced after CIC, accelerated vesting would occur upon a qualifying termination event.
- [F2]Includes restricted stock units (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.