David Eric Seip - 11 Feb 2025 Form 4 Insider Report for Ingredion Inc (INGR)

Role
SVP, Global Ops and CSCO
Signature
Michael N. Levy, attorney-in-fact
Issuer symbol
INGR
Transactions as of
11 Feb 2025
Net transactions value
-$145,128
Form type
4
Filing time
13 Feb 2025, 19:08:01 UTC
Previous filing
03 Feb 2025
Next filing
18 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INGR Common Stock Award $0 +3,426 +15% $0.000000 26,314 11 Feb 2025 Direct F1
transaction INGR Common Stock Tax liability $145,128 -1,128 -4.3% $128.66 25,186 11 Feb 2025 Direct F2, F3

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 +3,426 +65% $0.000000 8,715 11 Feb 2025 Common Stock 3,426 Direct F4
* 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 16, 2022. 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.
F2 Shares withheld to pay applicable taxes upon the vesting of performance share award granted February 16, 2022.
F3 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.
F4 Represents the aggregate number of shares of phantom stock allocated to the reporting person under the SERP upon vesting of performance share award granted February 16, 2022. 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. Each phantom stock unit represents the right to receive one share of common stock.