James P. Zallie - Jun 3, 2024 Form 4 Insider Report for Ingredion Inc (INGR)

Role
President and CEO, Director
Signature
Michael N. Levy, attorney-in-fact
Stock symbol
INGR
Transactions as of
Jun 3, 2024
Transactions value $
-$937,173
Form type
4
Date filed
6/3/2024, 05:32 PM
Previous filing
May 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction INGR Common Stock +Options Exercise $2,262,700 +27,500 +52.69% $82.28 79,697 Jun 3, 2024 Direct
transaction INGR Common Stock -Sell -$3,199,873 -27,500 -34.51% $116.36 52,197 Jun 3, 2024 Direct F1, F2
holding INGR Common Stock 73,530 Jun 3, 2024 Direct

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 -27,500 -100% $0.00 0 Jun 3, 2024 Common Stock 27,500 $82.28 Direct F3

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 The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $115.620 to $117.850, inclusive. The reporting person undertakes to provide full information as requested regarding the number of shares sold at each separate price.
F2 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.
F3 These options vested in three equal annual installments on February 3, 2016, 2017 and 2018.