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 OF SECURITIES
                                                                                  
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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(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

HYNES MARY ANN
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)
Sr VP, GC, Corp Sec & CCO
(Last)          (First)          (Middle)

5 WESTBROOK CORPORATE CENTER
3. Date of Earliest Transaction (MM/DD/YYYY)

2/13/2012
(Street)

WESTCHESTER, IL 60154
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   2/13/2012     M    20000   A $28.41   51560.7358   D    
Common Stock   2/13/2012     S    13898   D $57.6259   (1) 37662.7358   D    
Common Stock   2/13/2012     M    14266   A $25.58   51928.7358   D    
Common Stock   2/13/2012     S    9648   D $57.6763   (2) 42280.7358   (3) D    
Common Stock                  7313.566   I   By 401 (k) Plan  
Common Stock                  2000   I   Fidelity Rollover IRA  
Common Stock                  14818.3424   (4) (5) I   Phantom Stock  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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)   $28.41   2/13/2012     M         20000      (6) 3/15/2016   Common Stock   20000   $ 0   0   D    
Employee Stock Options(Right to Buy)   $25.58   2/13/2012     M         14266      (7) 1/26/2019   Common Stock   14266   $ 0   7134   D    

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 $57.42 to $57.73, 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 price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.43 to $57.84, 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.
( 3)  Includes restricted stock units acquired through deemed dividend reinvestment.
( 4)  Each phantom stock unit represents the right to receive one share of common stock.
( 5)  Includes phantom stock units acquired through deemed dividend reinvestment.
( 6)  These options vested in two equal annual installments on March 15, 2007 and 2008.
( 7)  These options vested in three equal annual installments on January 27, 2010, 2011 and 2012.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
HYNES MARY ANN
5 WESTBROOK CORPORATE CENTER
WESTCHESTER, IL 60154


Sr VP, GC, Corp Sec & CCO

Signatures
Mary Ann Hynes 2/15/2012
** 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 4(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 control number.
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