Sec Form 4 Filing - HIRCHAK JAMES J @ CORN PRODUCTS INTERNATIONAL INC - 2010-02-08

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
HIRCHAK JAMES J
2. Issuer Name and Ticker or Trading Symbol
CORN PRODUCTS INTERNATIONAL INC [ CPO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
VP, Human Resources
(Last) (First) (Middle)
5 WESTBROOK CORPORATE CENTER
3. Date of Earliest Transaction (MM/DD/YY)
02/08/2010
(Street)
WESTCHESTER, IL60154
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/08/2010 M 16,000 A $ 14.325 43,801 D
Common Stock 02/08/2010 M 16,000 A $ 16.92 59,801 D
Common Stock 02/08/2010 S 32,000 D $ 31.1215 ( 1 ) 27,801 D
Common Stock 02/09/2010 S 8,901 D $ 31.1699 18,900 D
Common Stock 02/09/2010 S 8,900 D $ 31.5 10,000 D
Common Stock 15,865.718 ( 2 ) I By 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Options(Right to Buy) $ 14.325 ( 3 ) 02/08/2010 M 16,000 ( 3 ) ( 4 ) 10/23/2012 Common Stock 16,000 ( 3 ) $ 0 0 D
Employee Stock Options(Right to Buy) $ 16.92 ( 5 ) 02/08/2010 M 16,000 ( 5 ) ( 6 ) 10/30/2013 Common Stock 16,000 ( 5 ) $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
HIRCHAK JAMES J
5 WESTBROOK CORPORATE CENTER
WESTCHESTER, IL60154
VP, Human Resources
Signatures
Mary Ann Hynes, Attorney in Fact 02/10/2010
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.00 to $31.23, inclusive. The reporting person undertakes to provide Corn Products International, Inc., any security holder of Corn Products International, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the immediately preceding sentence.
( 2 )The information in this report is based on a plan statement dated as of January 31, 2010.
( 3 )This option was previously reported as covering 8,000 shares at an exercise price of $28.65 per share but was adjusted to reflect the 2-for-1 stock split effective on January 25, 2005.
( 4 )This option vested in two equal annual installments on October 24, 2003 and 2004.
( 5 )This option was previously reported as covering 8,000 shares at an exercise price of $33.84 per share but was adjusted to reflect the 2-for-1 stock split effective on January 25, 2005.
( 6 )This option vested in two equal annual installments on October 31, 2004 and 2005.

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