Jinghuai Xu - Feb 28, 2023 Form 4 Insider Report for Ingredion Inc (INGR)

Role
SVP, Chief Innovation Officer
Signature
Michael N. Levy, attorney-in-fact
Stock symbol
INGR
Transactions as of
Feb 28, 2023
Transactions value $
$3,644
Form type
4
Date filed
3/1/2023, 04:43 PM
Previous filing
Feb 17, 2023
Next filing
Mar 17, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction INGR Phantom Stock Award $3.64K +36.7 +0.57% $99.40 6.51K Feb 28, 2023 Common Stock 36.7 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the aggregate number of shares of phantom stock allocated to the reporting person under the SERP as of the date hereof based on the closing price of a share of the issuer's Common Stock on February 28, 2023. Each phantom stock unit represents the right to receive one share of common stock.
F2 An adjustment has been made to the balance to correct an inadvertent error to report 96.437 shares acquired during 2022 under the issuer's SERP.