X0306 4 2015-03-11 1 0000739608 PENFORD CORP PENX 0001187320 WARJONE JAMES E C/O PENFORD CORPORATION 7094 S. REVERE PARKWAY CENTENNIAL CO 80112-3932 1 0 0 0 Common Stock 2015-03-11 4 D 0 22091 19.00 D 0 D Common Stock and derivative securities of Penford Corporation ("Issuer") were disposed of pursuant to the transactions contemplated by the Agreement and Plan of Merger among Issuer, Ingredion Incorporated ("Acquiror"), and Prospect Sub, Inc., dated as of October 14, 2014 (the "Merger Agreement"). Upon closing of the transactions contemplated by the Merger Agreement (the "Effective Time"), Issuer became a wholly owned subsidiary of Acquiror, and each share of Common Stock of Issuer, including outstanding restricted stock which by its terms became fully vested at the Effective Time, was converted into the right to receive $19 in cash. /s/ Margaret Von der Schmidt as Attorney-in-Fact 2015-03-11