Filing Details
- Accession Number:
- 0001209191-15-021351
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-03-03 16:48:16
- Reporting Period:
- 2015-02-27
- Filing Date:
- 2015-03-03
- Accepted Time:
- 2015-03-03 16:48:16
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1091862 | Chemtura Corp | CHMT | Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) (2820) | 522183153 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1480235 | Chet Cross | 199 Benson Road Middlebury CT 06749 | See Remarks | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2015-02-27 | 30,266 | $16.03 | 100,220 | No | 4 | M | Direct | |
Common Stock | Disposition | 2015-02-27 | 30,266 | $26.19 | 69,954 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2015-03-01 | 10,476 | $0.00 | 80,430 | No | 4 | A | Direct | |
Common Stock | Disposition | 2015-03-01 | 7,109 | $26.25 | 73,321 | No | 4 | F | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | A | Direct | |
No | 4 | F | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Option (right to buy) | Disposition | 2015-02-27 | 30,266 | $0.00 | 30,266 | $16.03 |
Common Stock | Performance Shares | Acquisiton | 2015-03-01 | 10,476 | $0.00 | 10,476 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2021-03-10 | No | 4 | M | Direct | |
10,476 | 2018-03-01 | No | 4 | A | Direct |
Footnotes
- The option exercise and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.04 to $26.25, inclusive. The reporting person undertakes to provide Chemtura Corporation, any security holder of Chemtura Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within.
- Grant of restricted stock units. The restricted stock units vest in three equal installments: March 1, 2016; March 1, 2017; and March 1, 2018.
- This option became exercisable in three equal installments on March 10, 2011, March 31, 2012 and March 31, 2013.
- Grant of performance shares. Each performance share represents a contingent right to receive between 0 and 2 shares of Chemtura Corporation common stock. The number of shares reported represents the target amount. The actual number of shares to be delivered will be based on Chemtura Corporation's total shareholder return over the three-year vesting period relative to all companies in the Dow Jones US Chemical Index and could equal 200% of the target amount. The performance shares will settle as soon as practicable after December 31, 2017 but no later than March 1, 2018.