Larry Fernandes - Jul 18, 2023 Form 4 Insider Report for Ingredion Inc (INGR)

Signature
Michael N. Levy, attorney-in-fact
Stock symbol
INGR
Transactions as of
Jul 18, 2023
Transactions value $
-$140,395
Form type
4
Date filed
7/19/2023, 05:30 PM
Previous filing
Jul 18, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INGR Common Stock Options Exercise $166K +2.78K +13.73% $59.58 23K Jul 18, 2023 Direct F1
transaction INGR Common Stock Sale -$306K -2.78K -12.07% $110.10 20.2K Jul 18, 2023 Direct F1
holding INGR Common Stock 4.77K Jul 18, 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 -2.78K -100% $0.00* 0 Jul 18, 2023 Common Stock 2.78K $59.58 Direct F2
* 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 Includes RSUs acquired through deemed dividend reinvestment. RSUs acquired through deemed dividend reinvestment vest on the dates when the RSUs with respect to which they are deemed dividends vest.
F2 These options vested in three equal annual installments on February 4, 2015, 2016 and 2017.