Form 4 for CE Celanese Corp
Accepted 2024-05-14 00:00:00 ET · period of report 2024-05-12 · accession 0001306830-24-000108 · 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 | 2024-05-14 | 2024-05-12 | CE | Brown William M | Dir | D - Sale to Iss | — | -1,777 | 103 | -95% | — |
| DM | 2024-05-14 | 2024-05-12+ | CE | Brown William M | Dir | A - Grant | $4.96 | +1,834 | 14.8K | +14% | +$9,095 |
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 | 2024-05-12 | D | D | 1,777 | — | 103 | D | — | — | (F1) Upon vesting of 1,777 Restricted Stock Units granted to the reporting person on May 12, 2023, the reporting person deferred the receipt of 1,777 shares of Common Stock and received instead 1,777 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 1,777 shares of Common Stock in exchange for an equal number of shares of phantom stock. |
| 2 | Derivative | Phantom Stock | 2024-05-13 | A | A | 56.76 | $160.24 | 14,826.07 | D | — · — to — | 56.76 Common Stock | (F4) Each share of phantom stock represents the right to receive one share of Common Stock or the cash value of one share of Common Stock. (F5) The reported phantom stock represents dividend equivalents on cash compensation and restricted stock units deferred under the Plan. As provided by the Plan, the reporting person may transfer a portion of the phantom stock account into an alternative investment account at any time. The shares of phantom stock become payable in cash or shares of Common Stock, subject to certain conditions and as provided in the Plan, on the earlier of the date previously elected by the reporting person to receive payment or upon termination of the reporting person's service as a director of the Company. |
| 3 | Derivative | Phantom Stock | 2024-05-12 | A | A | 1,777 | $0.00 | 14,769.32 | D | — · — to — | 1,777 Common Stock | (F2) Each share of phantom stock represents the right to receive one share of Common Stock. (F3) 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. |