Accession Number: | 0001209191-19-055544 |
Date: | 2019-11-04 |
Issuer: | CORTEVA, INC. (CTVA) |
Original Submission Date: |
FRIEDMAN GREGORY R
C/O CORTEVA, INC.
974 CENTRE ROAD, CRP 735
WILMINGTON, DE 19805
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2019-11-04 | P | 2,800 | a | $26.18 | 60,582 | direct | ||
COMMON STOCK | 2019-11-04 | P | 1,025 | a | $26.20 | 61,607 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
NON-QUALIFIED STOCK OPTIONS | 27.17 | deemed execution date | 0 ( ) | 2021-02-04 | common stock 18,326 | $27.17 | 18,326 | direct | ||||
NON-QUALIFIED STOCK OPTIONS | 32.36 | deemed execution date | 0 ( ) | 2022-02-03 | common stock 12,157 | $32.36 | 12,157 | direct | ||||
NON-QUALIFIED STOCK OPTIONS | 26.76 | deemed execution date | 0 ( ) | 2026-02-02 | common stock 21,638 | $26.76 | 21,638 | direct | ||||
NON-QUALIFIED STOCK OPTIONS | 34.68 | deemed execution date | 0 ( ) | 2027-02-01 | common stock 21,111 | $34.68 | 21,111 | direct | ||||
NON-QUALIFIED STOCK OPTIONS | 41.94 | deemed execution date | 0 ( ) | 2028-02-14 | common stock 10,780 | $41.94 | 10,780 | direct |
ID | footnote |
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f1 | on june 1, 2019, the reporting person received a dividend of one (1) share of corteva, inc. common stock for every three (3) shares of dowdupont inc. held by the reporting person, and the reporting person's equity awards denominated in dowdupont common stock were adjusted, in part, into equity awards denominated in corteva common stock, all as described in corteva's registration statement on form 10 filed with the securities and exchange commission on may 6, 2019. this amount includes shares of issuer common stock received in connection with the separation in an exempt transaction pursuant to rule 16a-9, including restricted stock units and related dividend equivalent units. |
f2 | in connection with the separation, certain outstanding dowdupont stock options were converted into awards of options to purchase shares of the issuer's common stock in an exempt transaction pursuant to rule 16a-9. the number of shares and exercise prices of each option award were adjusted in a manner intended to preserve the economic/intrinsic value of the original dowdupont stock option. |
f3 | this option is fully vested and exercisable. |
f4 | 14,074 options are vested and exercisable. the remaining options will vest on february 2, 2020. |
f5 | 3,593 options are vested and exercisable. the remaining options will vest in two equal installments on february 15, 2020 and february 15, 2021. |