Buck Linda B 4
4 · INTERNATIONAL FLAVORS & FRAGRANCES INC · Filed May 5, 2020
Insider Transaction Report
Form 4
Buck Linda B
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2020-05-01−997→ 0 totalFrom: 2020-05-01Exp: 2020-05-01→ Common Stock (997 underlying) - Award
Stock Equivalent Unit
2020-05-01+997→ 21,761.256 total→ Common Stock (997 underlying)
Footnotes (5)
- [F1]The Restricted Stock Units ("RSUs") convert to Common Stock on a one-for-one basis.
- [F2]Upon the vesting of RSUs on May 1, 2020, the reporting person deferred the receipt of 997 shares of Common Stock and received instead 997 Stock Equivalent Units pursuant to IFF's deferred compensation plan.
- [F3]The Stock Equivalent Units ("Units") convert to Common Stock on a one-for-one basis.
- [F4]The Units are payable in Common Stock upon earlier of termination of employment or January 1 following retirement.
- [F5]Includes Units acquired during the period upon reinvestment of dividends under the Company's deferred compensation plan during 2019 through 2020. The transactions were exempt pursuant to Rule 16a-11.