FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 12/01/2024 |
3. Issuer Name and Ticker or Trading Symbol
Corteva, Inc. [ CTVA ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 29,051.1145(1) | D | |
Common Stock | 255.3471 | I | Held in 401(k) plan. |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Non-Qualified Stock Option (right-to-buy) | (2) | 02/25/2031 | Common Stock | 20,548 | 45.15 | D | |
Non-Qualified Stock Option (right-to-buy) | (3) | 02/18/2032 | Common Stock | 8,621 | 50.7 | D | |
Non-Qualified Stock Option (right-to-buy) | (4) | 02/28/2033 | Common Stock | 5,603 | 62.29 | D | |
Non-Qualified Stock Option (right-to-buy) | (5) | 02/20/2034 | Common Stock | 7,443 | 54.36 | D |
Explanation of Responses: |
1. Includes 4,724.1145 unvested restricted stock units and related dividend equivalent units. |
2. The option is fully vested and exercisable. |
3. 5,747 options are vested and exercisable. The remaining options will vest on February 18, 2025. |
4. 1,867 options are vested and exercisable. The remaining options will vest in two equal annual installments on February 28, 2025 and February 28, 2026. |
5. The option will vest and become exercisable in three equal annual installments beginning on February 20, 2025. |
/s/Abigail Jarrell, by power-of-attorney | 12/05/2024 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |
POWER OF ATTORNEY
The undersigned hereby constitutes and appoints each of Cornel Fuerer,
Dana Eddis and Abigail Jarrell, or either of them acting singly and with full power of
substitution, as the undersigned's true and lawful attorney-in-fact to:
(1) execute for and on behalf of the undersigned, in the undersigned's
capacity as an officer and/or director of Corteva, Inc. (the "Company"),
Forms 3, 4, and 5 (and any amendments thereto) in accordance with
Section 16(a) of the Securities Exchange Act of 1934, as amended
the "Exchange Act"), and the rules thereunder;
(2) do and perform any and all acts for and on behalf of the
undersigned that may be necessary or desirable to complete and
execute any such Form 3, 4, or 5, complete and execute any
amendments thereto, and timely file such form with the U.S. Securities
and Exchange Commission (the "SEC") and any securities exchange or
similar authority, including without limitation the execution and
filing of a Form ID or any other documents necessary or appropriate
to obtain codes and passwords to enable the undersigned to file the
Forms 3, 4 and 5 electronically with the SEC; and
(3) take any other action in connection with the foregoing that, in
the opinion of such attorney-in-fact, may be of benefit to, in the
best interest of, or legally required by or for, the undersigned,
it being understood that the documents executed by such attorney-
in-fact on behalf of the undersigned pursuant to this power of
attorney shall be in such form and shall contain such information
and disclosure as such attorney-in-fact may approve in such attorney-
in-fact's discretion.
The undersigned hereby grants to such attorney-in-fact full power and
authority to do and perform any and every act and thing whatsoever required,
necessary, or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might
or could do if personally present, with full power of substitution or
revocation, hereby ratifying and confirming all that such attorney-in-fact, or
such attorney-in-fact's substitute or substitutes, shall lawfully do or cause
to be done by virtue of this power of attorney and the rights and powers herein
granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in
serving in such capacity at the request and on behalf of the undersigned, are
not assuming, nor is the Company assuming, any of the undersigned's
responsibilities to comply with any provision of Section 16 of the Exchange Act.
This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4, or 5 with respect to the
undersigned's holdings of and transactions in securities issued by the Company,
unless earlier revoked by the undersigned in a signed writing delivered to each
of the foregoing attorneys-in-fact.
IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney as
of this 3rd day of December, 2024.
Signed and acknowledged:
/s/ Judd O'Connor
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Judd O'Connor