Jinghuai Xu - May 2, 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: May 2, 2023
Transactions value $: $152,179
Form type: 4
Date filed: 5/3/2023, 10:01 AM
Previous filing: May 2, 2023
Next filing: May 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INGR	Common Stock	Award	$152K	+1.44K	+8.89%	$105.68	17.6K	May 2, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These are restricted stock units ("RSU's") issued under the Ingredion Incorporated Stock Incentive Plan. The RSU's may be settled only in shares of common stock (one share per RSU) and will vest on May 2, 2026. In the event of termination of employment due to (a) death (b) disability or (c) retirement (as defined in the grant agreement) , the RSU's will vest on a pro-rata basis. Notwithstanding the foregoing, in the event of Retirement on or after May 2, 2024, the RSU's shall continue to vest in accordance with the vesting schedule.
F2	Includes restricted stock units ("RSUs") acquired through deemed dividend reinvestment. RSUs acquired through deemed dividend reinvestment vest on the dates when the RSU's with respect to which they are deemed dividends vest.

Content

These are restricted stock units ("RSU's") issued under the Ingredion Incorporated Stock Incentive Plan. The RSU's may be settled only in shares of common stock (one share per RSU) and will vest on May 2, 2026. In the event of termination of employment due to (a) death (b) disability or (c) retirement (as defined in the grant agreement) , the RSU's will vest on a pro-rata basis. Notwithstanding the foregoing, in the event of Retirement on or after May 2, 2024, the RSU's shall continue to vest in accordance with the vesting schedule.

Includes restricted stock units ("RSUs") acquired through deemed dividend reinvestment. RSUs acquired through deemed dividend reinvestment vest on the dates when the RSU's with respect to which they are deemed dividends vest.