James D. Gray - Feb 12, 2024 Form 4 Insider Report for Ingredion Inc (INGR)

Role
Executive VP and CFO
Signature
Michael N. Levy, attorney-in-fact
Stock symbol
INGR
Transactions as of
Feb 12, 2024
Transactions value $
-$708,955
Form type
4
Date filed
2/14/2024, 07:18 PM
Previous filing
Feb 13, 2024
Next filing
Feb 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INGR Common Stock Award $0 +12.6K +39.57% $0.00 44.6K Feb 12, 2024 Direct F1
transaction INGR Common Stock Tax liability -$555K -5.09K -11.42% $109.07 39.5K Feb 12, 2024 Direct F2
transaction INGR Common Stock Award $0 +4.82K +12.22% $0.00 44.3K Feb 12, 2024 Direct F3
transaction INGR Common Stock Tax liability -$154K -1.41K -3.19% $109.07 42.9K Feb 12, 2024 Direct F4

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 Phantom Stock Award $0 +3.16K +88.42% $0.00 6.73K Feb 12, 2024 Common Stock 3.16K Direct F5, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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. 80% of the shares acquired upon vesting were accepted immediately and 20% were deferred into the Ingredion Incorporated Supplemental Executive Retirement Plan ("SERP").
F2 Shares withheld to pay applicable taxes upon the vesting of performance share award granted February 9, 2021.
F3 Shares acquired upon vesting of performance share award granted March 16, 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.
F4 Shares withheld to pay applicable taxes upon the vesting of performance share award granted March 16, 2021.
F5 Each phantom stock unit represents the right to receive one share of common stock.
F6 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. 80% of the shares acquired upon vesting were accepted immediately and 20% were deferred into the Ingredion Incorporated Supplemental Executive Retirement Plan ("SERP").
F7 Includes shares of phantom stock acquired through dividend reinvestment.