MIRZAYANTZ NICOLAS 4
4 · INTERNATIONAL FLAVORS & FRAGRANCES INC · Filed Mar 18, 2020
Insider Transaction Report
Form 4
MIRZAYANTZ NICOLAS
Group President Fragrance
Transactions
- Tax Payment
Common Stock
2020-03-16$101.49/sh−336$34,101→ 30,419 total - Sale
Common Stock
2020-03-16$100.33/sh−708$71,034→ 29,711 total - Award
Common Stock
2020-03-16+877→ 30,755 total - Award
Stock Equivalent Unit
2020-03-13$109.02/sh+30.205$3,293→ 2,747.487 total→ Common Stock (30.205 underlying)
Holdings
- 4,710
Purchased Restricted Stock Units
From: 2021-04-02Exp: 2021-04-02→ Common Stock (4,710 underlying) - 4,353
Purchased Restricted Stock Units
From: 2022-04-01Exp: 2022-04-01→ Common Stock (4,353 underlying) - 5,186
Purchased Restricted Stock Units
From: 2020-04-03Exp: 2020-04-03→ Common Stock (5,186 underlying)
Footnotes (7)
- [F1]These shares represent the 50% portion of the reporting person's payout under the 2017-2019 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, 2017, the first stock trading day of the LTIP cycle.
- [F2]Shares withheld to satisfy tax withholding obligations in connection with the receipt of shares under the LTIP.
- [F3]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 19, 2019.
- [F4]The Stock Equivalent Units ("Units") convert to Common Stock on a one-for-one basis.
- [F5]Reflects Units received upon deferral of a portion of the reporting person's annual incentive plan into the Company's stock fund and the premium contributed by the Company on such Units. The Company premium, or 6.041 of the acquired Units, are subject to vesting based on employment through December 31, 2021.
- [F6]The Units are payable in Common Stock upon earlier of termination of employment or January 1 following retirement.
- [F7]The Purchased Restricted Stock Units ("PRSUs") convert to Common Stock on a one-for-one basis.