Robert A. Ritchie - 02 May 2023 Form 4 Insider Report for Ingredion Inc (INGR)

Role: SVP, Food & Industrial Ingred.
Signature: Michael N. Levy, attorney-in-fact
Issuer symbol: INGR
Transactions as of: 02 May 2023
Net transactions value: +$304,358
Form type: 4
Filing time: 03 May 2023, 10:19:28 UTC
Previous filing: 03 May 2023
Next filing: 13 Feb 2024
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	$304,358	+2,880	+34%	$105.68	11,343	02 May 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These are restricted stock units ("RSU's") issued under the Ingredion Incorporated Stock Incentive Plan. The RSU's may be settled only in shares of common stock (one share per RSU) and will vest on May 2, 2026. In the event of termination of employment due to (a) death (b) disability or (c) retirement (as defined in the grant agreement) , the RSU's will vest on a pro-rata basis. Notwithstanding the foregoing, in the event of Retirement on or after May 2, 2024, the RSU's shall continue to vest in accordance with the vesting schedule.

Content

These are restricted stock units ("RSU's") issued under the Ingredion Incorporated Stock Incentive Plan. The RSU's may be settled only in shares of common stock (one share per RSU) and will vest on May 2, 2026. In the event of termination of employment due to (a) death (b) disability or (c) retirement (as defined in the grant agreement) , the RSU's will vest on a pro-rata basis. Notwithstanding the foregoing, in the event of Retirement on or after May 2, 2024, the RSU's shall continue to vest in accordance with the vesting schedule.