David Eric Seip - Jan 23, 2024 Form 4 Insider Report for Ingredion Inc (INGR)

Signature
Michael N. Levy, attorney-in-fact
Stock symbol
INGR
Transactions as of
Jan 23, 2024
Transactions value $
-$242,391
Form type
4
Date filed
2/14/2024, 07:08 PM
Previous filing
Jan 16, 2024
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INGR Common Stock Tax liability -$982 -9 -0.05% $109.11 16.8K Jan 23, 2024 Direct F1
transaction INGR Common Stock Sale -$13 -0.121 0% $109.11 16.8K Jan 23, 2024 Direct F2
transaction INGR Common Stock Tax liability -$56.4K -521 -3.1% $108.16 16.3K Feb 9, 2024 Direct F3
transaction INGR Common Stock Sale -$62 -0.569 0% $108.16 16.3K Feb 9, 2024 Direct F4
transaction INGR Common Stock Award $0 +6.32K +38.75% $0.00 22.6K Feb 12, 2024 Direct F5
transaction INGR Common Stock Tax liability -$185K -1.7K -7.5% $109.07 20.9K Feb 12, 2024 Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to pay applicable taxes upon the vesting of 34.1208 restricted stock units ("RSUs") acquired through deemed dividend reinvestment from the grant of RSUs dated January 11, 2021. These RSUs, which vested on January 11, 2024, were held on the record date for the January 2024 dividend, which was paid on January 23, 2024.
F2 These are residual shares that were settled in stock.
F3 Shares withheld to pay applicable taxes upon the vesting of 1,579 RSUs granted on February 9, 2021 and 142.5690 RSUs acquired through deemed dividend reinvestment with respect to these RSUs.
F4 These are residual shares that were settled in stock.
F5 Shares acquired upon vesting of performance share award granted February 9, 2021. Vesting of the performance share award was based on criteria in addition to the increase in the market price of Ingredion Incorporated's common stock.
F6 Shares withheld to pay applicable taxes upon the vesting of performance share award granted February 9, 2021.
F7 Includes restricted stock units ("RSUs") acquired through deemed dividend reinvestment. RSUs acquired through deemed dividend reinvestment vest on the dates when the RSUs with respect to which they are deemed dividends vest.