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

Role: Director
Signature: /s/ William J. Slocum
Issuer symbol: NGVT
Transactions as of: 28 Sep 2023
Net transactions value: +$22,500
Form type: 4
Filing time: 29 Sep 2023, 17:44:47 UTC
Previous filing: 05 Jul 2023
Next filing: 26 Apr 2024
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	$22,500	+467	+10%	$48.18	5,034	28 Sep 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.

Content

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.

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.