Winder Investment Pte Ltd - 15 Sep 2021 Form 4 Insider Report for INTERNATIONAL FLAVORS & FRAGRANCES INC (IFF)

Reporting relationship: 10%+ Owner
Issuer ticker: IFF
Reported as of: 15 Sep 2021
Net transaction value: +$140,731,250
SEC form: 4
Accepted by SEC: 17 Sep 2021, 17:18:04 UTC
Prior SEC filing: 16 Sep 2021
Next SEC filing: 20 Sep 2021
Source filing: View source filing
Reporting owner signature: /s/ William Lexmond, Director of Winder Investment Pte Ltd.

Key filing fact

Winder Investment Pte Ltd filed Form 4 for INTERNATIONAL FLAVORS & FRAGRANCES INC (IFF) on 17 Sep 2021.

Key facts

This page summarizes Winder Investment Pte Ltd's Form 4 filing for INTERNATIONAL FLAVORS & FRAGRANCES INC (IFF).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 17 Sep 2021, 17:18.

Change

Previous filing in this sequence was filed on 16 Sep 2021.
Current net transaction value: +$140,731,250.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

IFF transaction

Common Stock

Conversion of derivative security

Transaction value: $140,731,250
Shares: +979,000
Change %: +4.1%
Price: $143.75
Shares after: 25,109,000
Date: 15 Sep 2021
Ownership: See footnote
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

IFF transaction Derivative

6.00% Tangible Equity Units

Conversion of derivative security

Transaction value: $0
Shares: -2,958,500
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 15 Sep 2021
Ownership: See footnote
Underlying class: Common Stock
Underlying amount: 979,000
Exercise price: $143.75
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The securities are directly held by Winder Investment Pte. Ltd. ("Winder"). Winder is a wholly owned subsidiary of Freemont Capital Pte Ltd.("Freemont"). Freemont is a wholly owned subsidiary of Haldor Foundation ("Haldor"). Freemont and Haldor each disclaims beneficial ownership of the shares held by Winder except for its pecuniary interest therein.

Footnote F2

Each 6.00% Tangible Equity Unit ("TEU") includes a prepaid stock purchase contract that automatically settled on September 15, 2021 (the "Settlement Date") for 0.330911 shares of the Issuer's common stock, based upon the applicable market value of the Issuer's common stock prior to the Settlement Date.