Larry Fernandes - 03 Nov 2022 Form 4 Insider Report for Ingredion Inc (INGR)

Signature
Michael N. Levy, attorney-in-fact
Issuer symbol
INGR
Transactions as of
03 Nov 2022
Net transactions value
-$72,986
Form type
4
Filing time
04 Nov 2022, 15:12:24 UTC
Previous filing
18 Mar 2022
Next filing
07 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INGR Common Stock Options Exercise $201,117 +3,044 +17% $66.07 20,879 03 Nov 2022 Direct
transaction INGR Common Stock Sale $274,103 -3,044 -15% $90.05 17,835 03 Nov 2022 Direct F1, F2, F3
holding INGR Common Stock 4,766 03 Nov 2022 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 -3,044 -100% $0.000000* 0 03 Nov 2022 Common Stock 3,044 $66.07 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 15, 2022.
F2 The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $90.00 to $90.25, inclusive. The reporting person undertakes to provide full information as requested regarding the number of shares purchased at each separate price with the range set forth in the immediately preceding sentence.
F3 Includes shares of common stock acquired through dividend reinvestment.
F4 The exercise of these options were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 15, 2022.
F5 These options vested in three equal annual installments on February 5, 2014, 2015 and 2016.