Larry Fernandes - 13 Jul 2023 Form 4/A - Amendment Insider Report for Ingredion Inc (INGR)

Role
SVP, Chief Comm & Sust Officer
Signature
Michael N. Levy, attorney-in-fact
Issuer symbol
INGR
Transactions as of
13 Jul 2023
Net transactions value
-$15,126
Form type
4/A - Amendment
Filing time
18 Jul 2023, 11:43:02 UTC
Date Of Original Report
14 Jul 2023
Previous filing
12 Jul 2023
Next filing
19 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INGR Common Stock Options Exercise $17,874 +300 +1.5% $59.58 20,546 13 Jul 2023 Direct
transaction INGR Common Stock Sale $33,000 -300 -1.5% $110.00 20,246 13 Jul 2023 Direct
holding INGR Common Stock 4,766 13 Jul 2023 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 -300 -9.7% $0.000000 2,779 13 Jul 2023 Common Stock 300 $59.58 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These options vested in three equal annual installments on February 4, 2015, 2016 and 2017.

Remarks:

Amended to check the box to indicate that this transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). This was inadvertently omitted in the original.