Form 4 for CE Celanese Corp
Accepted 2022-04-27 00:00:00 ET · period of report 2022-04-26 · accession 0001306830-22-000086 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-04-27 | 2022-04-27 | CE | Brown William M | Dir | D - Sale to Iss | — | -975 | 103 | -90% | — |
| DM | 2022-04-27 | 2022-04-26+ | CE | Brown William M | Dir | A - Grant | $8.71 | +1,040 | 10.8K | +11% | +$9,063 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-04-27 | D | D | 975 | — | 103 | D | — | — | (F1) Upon vesting of 975 Restricted Stock Units granted to the reporting person on April 27, 2021, the reporting person deferred the receipt of 975 shares of Common Stock and received instead 975 shares of phantom stock pursuant to the Company's 2008 Deferred Compensation Plan (the "Plan"). As a result, the reporting person is reporting the disposition of 975 shares of Common Stock in exchange for an equal number of shares of phantom stock. |
| 2 | Derivative | Phantom Stock | 2022-04-26 | A | A | 65.09 | $139.24 | 9,794.31 | D | — · — to — | 65.09 Common Stock | (F3) The reported phantom stock represents the reporting person's quarterly cash retainer for service as a director which has been deferred under the Plan. (F2) Each share of phantom stock represents the right to receive the cash value of one share of Common Stock. (F4) As provided in the Plan, the reporting person may transfer a portion of the phantom stock account into an alternative investment account at any time, and on the earlier of the date previously elected by the reporting person to receive a payment or the termination of the reporting person's service as a director of the Company, the shares of phantom stock become payable in either cash or shares of Common Stock. |
| 3 | Derivative | Phantom Stock | 2022-04-27 | A | A | 975 | $0.00 | 10,769.31 | D | — · — to — | 975 Common Stock | (F5) Each share of phantom stock represents the right to receive one share of Common Stock. (F6) As provided in the Plan, the reported phantom stock becomes payable in shares of Common Stock upon termination of the reporting person's service as a director of the Company subject to certain restrictions and limitations. |