William J. Slocum - Jul 3, 2023 Form 4 Insider Report for Ingevity Corp (NGVT)

Role
Director
Signature
/s/ William J. Slocum
Stock symbol
NGVT
Transactions as of
Jul 3, 2023
Transactions value $
$22,510
Form type
4
Date filed
7/5/2023, 04:05 PM
Previous filing
May 2, 2023
Next filing
Sep 29, 2023

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 $22.5K +384 +9.18% $58.62 4.57K Jul 3, 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 vested deferred stock units ("DSUs") granted pursuant to the Reporting Person's election to receive DSUs in lieu of quarterly director fees. These DSUs 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.