Robert A. Ritchie - May 2, 2023 Form 4 Insider Report for Ingredion Inc (INGR)

Signature
Michael N. Levy, attorney-in-fact
Stock symbol
INGR
Transactions as of
May 2, 2023
Transactions value $
$304,358
Form type
4
Date filed
5/3/2023, 10:19 AM
Previous filing
May 3, 2023
Next filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INGR Common Stock Award $304K +2.88K +34.03% $105.68 11.3K May 2, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These are restricted stock units ("RSU's") issued under the Ingredion Incorporated Stock Incentive Plan. The RSU's may be settled only in shares of common stock (one share per RSU) and will vest on May 2, 2026. In the event of termination of employment due to (a) death (b) disability or (c) retirement (as defined in the grant agreement) , the RSU's will vest on a pro-rata basis. Notwithstanding the foregoing, in the event of Retirement on or after May 2, 2024, the RSU's shall continue to vest in accordance with the vesting schedule.