Larry Fernandes - Jul 13, 2023 Form 4/A - Amendment Insider Report for Ingredion Inc (INGR)

Signature
Michael N. Levy, attorney-in-fact
Stock symbol
INGR
Transactions as of
Jul 13, 2023
Transactions value $
-$15,126
Form type
4/A - Amendment
Date filed
7/18/2023, 11:43 AM
Date Of Original Report
Jul 14, 2023
Previous filing
Jul 12, 2023
Next filing
Jul 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INGR Common Stock Options Exercise $17.9K +300 +1.48% $59.58 20.5K Jul 13, 2023 Direct
transaction INGR Common Stock Sale -$33K -300 -1.46% $110.00 20.2K Jul 13, 2023 Direct
holding INGR Common Stock 4.77K Jul 13, 2023 By 401(k) Plan

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 Employee Stock Options (Right to Buy) Options Exercise $0 -300 -9.74% $0.00 2.78K Jul 13, 2023 Common Stock 300 $59.58 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These options vested in three equal annual installments on February 4, 2015, 2016 and 2017.

Remarks:

Amended to check the box to indicate that this transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). This was inadvertently omitted in the original.