Jinghuai Xu - Sep 29, 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
Sep 29, 2023
Transactions value $
-$95,796
Form type
4
Date filed
10/3/2023, 09:40 PM
Previous filing
Sep 18, 2023
Next filing
Oct 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INGR Common Stock Tax liability -$102K -1.04K -5.84% $98.40 16.7K Oct 1, 2023 Direct F1
transaction INGR Common Stock Sale -$1 -0.0148 0% $98.40 16.7K Oct 1, 2023 Direct F2, F3

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 $6.05K +61.5 +0.57% $98.40 10.8K Sep 29, 2023 Common Stock 61.5 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to pay taxes upon the vesting of 3,456 restricted stock units (RSUs) granted on October 1, 2020 and 316.0148 RSUs acquired through deemed dividend reinvestment with respect to these RSUs.
F2 These are residual shares that were settled in cash.
F3 Includes restricted stock units ("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.
F4 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 September 29, 2023. Each phantom stock unit represents the right to receive one share of common stock.