James C. Collins Jr. - 10 Aug 2021 Form 4 Insider Report for Corteva, Inc. (CTVA)

Role
Chief Executive Officer, Director
Signature
/s/Abigail Jarrell, by power-of-attorney
Issuer symbol
CTVA
Transactions as of
10 Aug 2021
Net transactions value
-$1,202,098
Form type
4
Filing time
12 Aug 2021, 17:54:00 UTC
Previous filing
20 May 2021
Next filing
04 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTVA Common Stock Options Exercise $3,164,918 +75,463 +23% $41.94 398,358 10 Aug 2021 Direct F1, F2
transaction CTVA Common Stock Tax liability $3,164,926 -69,666 -17% $45.43 328,692 10 Aug 2021 Direct F3
transaction CTVA Common Stock Tax liability $121,026 -2,664 -0.81% $45.43 326,028 10 Aug 2021 Direct F4, F5
transaction CTVA Common Stock Options Exercise $5,168,877 +165,563 +51% $31.22 491,591 10 Aug 2021 Direct
transaction CTVA Common Stock Tax liability $5,168,889 -113,777 -23% $45.43 377,814 10 Aug 2021 Direct F3
transaction CTVA Common Stock Tax liability $1,081,052 -23,796 -6.3% $45.43 354,018 10 Aug 2021 Direct F4, F5

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 CTVA Non-Qualified Stock Options Options Exercise $0 -75,463 -100% $0.000000* 0 10 Aug 2021 Common Stock 75,463 $41.94 Direct F6
transaction CTVA Non-Qualified Stock Options Options Exercise $0 -165,563 -33% $0.000000 331,126 10 Aug 2021 Common Stock 165,563 $31.22 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes acquisition of shares pursuant to dividend reinvestment.
F2 Includes 332.3363 shares purchased under the Issuer's Employee Stock Purchase Plan (ESPP) in exempt transaction under Rule 16b-3(c).
F3 Represents the number of long shares swapped to cover the exercise price of the options exercised via an attestation method stock swap in accordance with Rule 16b-3.
F4 Represents the number of shares withheld in accordance with Rule 16b-3 to cover applicable taxes due on the options exercised.
F5 Shares received via the exercise were held by the executive towards the continued achievement of the Company's stock ownership guidelines.
F6 This option is fully vested and exercisable.
F7 165,563 options are vested and exercisable. The remaining options will vest in two equal installments on February 21, 2022 and February 21, 2023.