John F. Ferraro - May 6, 2021 Form 4 Insider Report for INTERNATIONAL FLAVORS & FRAGRANCES INC (IFF)

Role
Director
Signature
/s/ Nanci Prado, attorney in fact
Stock symbol
IFF
Transactions as of
May 6, 2021
Transactions value $
$0
Form type
4
Date filed
5/7/2021, 09:44 PM
Previous filing
May 10, 2021
Next filing
May 28, 2021

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 IFF Restricted Stock Units Disposed to Issuer $0 -1.05K -100% $0.00* 0 May 6, 2021 Common Stock 1.05K Direct F1, F2
transaction IFF Stock Equivalent Unit Award $0 +1.05K +21.03% $0.00 6.02K May 6, 2021 Common Stock 1.05K Direct F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units ("RSUs") convert to Common Stock on a one-for-one basis.
F2 Upon the vesting of RSUs on May 6, 2021, the reporting person deferred the receipt of 1,047 shares of Common Stock and received instead 1,047 Stock Equivalent Units ("Units") pursuant to IFF's deferred compensation plan.
F3 The Units convert to Common Stock on a one-for-one basis.
F4 The Units are payable in Common Stock upon earlier of reporting person ceasing to serve as a member of the Company's Board of Directors or January 1 following retirement.
F5 Includes Units acquired during the period upon reinvestment of dividends under the Company's deferred compensation plan. The transactions were exempt pursuant to Rule 16a-11.