William J. Slocum - 28 Apr 2023 Form 4 Insider Report for Ingevity Corp (NGVT)

Role: Director
Signature: /s/ William J. Slocum
Issuer symbol: NGVT
Transactions as of: 28 Apr 2023
Net transactions value: $0
Form type: 4
Filing time: 02 May 2023, 17:03:58 UTC
Previous filing: 28 Apr 2023
Next filing: 05 Jul 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NGVT	Common Stock, $0.01 par value (Common Stock)	Award	$0	+1,645	+65%	$0.000000	4,183	28 Apr 2023	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Represents a grant of deferred stock units ("DSUs") issued pursuant to the Reporting Person's election to receive DSUs in lieu of the annual non-employee director restricted stock unit grant. These DSUs will vest on April 28, 2024 and will settle into an equal number of shares of the Issuer's Common Stock upon the Reporting Person's termination of board service pursuant to the Issuer's Non-Employee Director Deferred Compensation Plan and 2016 Omnibus Incentive Plan, as amended.
F2	The Reporting Person is deemed to hold the shares of Common Stock for the benefit of certain funds (the "In-Cap Funds") managed by Inclusive Capital Partners, L.P. and indirectly for the benefit of Inclusive Capital Partners, L.P., and may, after vesting, if applicable, transfer the shares of Common Stock directly to the In-Cap Funds. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any.

Content

Represents a grant of deferred stock units ("DSUs") issued pursuant to the Reporting Person's election to receive DSUs in lieu of the annual non-employee director restricted stock unit grant. These DSUs will vest on April 28, 2024 and will settle into an equal number of shares of the Issuer's Common Stock upon the Reporting Person's termination of board service pursuant to the Issuer's Non-Employee Director Deferred Compensation Plan and 2016 Omnibus Incentive Plan, as amended.

The Reporting Person is deemed to hold the shares of Common Stock for the benefit of certain funds (the "In-Cap Funds") managed by Inclusive Capital Partners, L.P. and indirectly for the benefit of Inclusive Capital Partners, L.P., and may, after vesting, if applicable, transfer the shares of Common Stock directly to the In-Cap Funds. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any.