0001209191-19-048267.txt : 20190904 0001209191-19-048267.hdr.sgml : 20190904 20190904174213 ACCESSION NUMBER: 0001209191-19-048267 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190831 FILED AS OF DATE: 20190904 DATE AS OF CHANGE: 20190904 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Collins James C. Jr. CENTRAL INDEX KEY: 0001625045 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38710 FILM NUMBER: 191075631 MAIL ADDRESS: STREET 1: 1007 MARKET STREET STREET 2: D-9058 CITY: WILMINGTON STATE: DE ZIP: 19898 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Corteva, Inc. CENTRAL INDEX KEY: 0001755672 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE PRODUCTION - CROPS [0100] IRS NUMBER: 824979096 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 974 CENTRE ROAD STREET 2: BUILDING 735 CITY: WILMINGTON STATE: DE ZIP: 19805 BUSINESS PHONE: (302) 485-3000 MAIL ADDRESS: STREET 1: 974 CENTRE ROAD STREET 2: BUILDING 735 CITY: WILMINGTON STATE: DE ZIP: 19805 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2019-08-31 0 0001755672 Corteva, Inc. CTVA 0001625045 Collins James C. Jr. C/O CORTEVA, INC. 974 CENTRE ROAD, CRP 735 WILMINGTON DE 19805 1 1 0 0 Chief Executive Officer Common Stock 2019-08-31 4 F 0 11105 29.645 D 410109.7397 D Non-Qualified Stock Options 32.36 2022-02-03 Common Stock 27837 27837 D Non-Qualified Stock Options 26.76 2026-02-02 Common Stock 82464 82464 D Non-Qualified Stock Options 34.68 2027-02-01 Common Stock 131943 131943 D Non-Qualified Stock Options 41.94 2028-02-14 Common Stock 75463 75463 D Phantom Stock Units Common Stock 0.8593 0.8593 D Represents shares withheld by the Issuer to pay taxes due following the vesting of performance share units that had been earned but remained subject to service-based vesting requirements. 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. 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. This option is fully vested and exercisable. 87,962 options are vested and exercisable. The remaining options will vest on February 2, 2020. 25,154 options are vested and exercisable. The remaining options will vest in two equal installments on February 15, 2020 and February 15, 2021. Represents phantom stock units held under the Issuer's Retirement Savings Restoration Plan. There is generally no conversion price for these phantom stock units. Each phantom stock unit is the equivalent of one share of common stock of the Issuer. Phantom stock units are payable in cash in lump sum or installments at the election of the Reporting Person, and do not carry an exercisable date or expiration date. /s/Abigail Jarrell, attorney-in-fact 2019-09-04