Jilla Rustom 4
4 · INTERNATIONAL FLAVORS & FRAGRANCES INC · Filed Jan 5, 2021
Insider Transaction Report
Form 4
Jilla Rustom
CFO
Transactions
- Exercise/Conversion
Restricted Stock Units
2021-01-02−2,945→ 2,944 totalFrom: 2021-01-02Exp: 2023-01-02→ Common Stock (2,945 underlying) - Exercise/Conversion
Common Stock
2021-01-02+2,945→ 4,544 total - Tax Payment
Common Stock
2021-01-02$105.08/sh−996$104,660→ 3,548 total
Holdings
- 2,475
Restricted Stock Units
From: 2023-04-06Exp: 2023-04-06→ Common Stock (2,475 underlying) - 11,042
Stock Settled Appreciation Rights
Exercise: $135.84From: 2021-01-02Exp: 2027-02-03→ Common Stock (11,042 underlying) - 1,599
Purchased Restricted Stock Units
From: 2023-04-06Exp: 2023-04-06→ Common Stock (1,599 underlying) - 338.291
Stock Equivalent Unit
→ Common Stock (338.291 underlying)
Footnotes (8)
- [F1]Reflects vesting of the first tranche of Restricted Stock Units ("RSUs") granted on February 3, 2020.
- [F2]The RSUs convert to Common Stock on a one-for-one basis.
- [F3]Reflects shares withheld for taxes payable upon the vesting of the RSUs using the closing price of the Common Stock on January 4, 2020, which was the first trading day following the vesting date.
- [F4]The remaining RSUs will vest in two equal installments on January 2, 2022 and January 2, 2023.
- [F5]The Purchased Restricted Stock Units ("PRSUs") convert to Common Stock on a one-for-one basis.
- [F6]The Restricted Stock Units ("RSUs") convert to Common Stock on a one-for-one basis.
- [F7]The Stock Equivalent Units ("Units") convert to Common Stock on a one-for-one basis.
- [F8]The Units are payable in Common Stock upon earlier of termination of employment or January 1 following retirement.