Filing Details
- Accession Number:
- 0001445064-12-000063
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-02-23 17:37:17
- Reporting Period:
- 2012-02-21
- Filing Date:
- 2012-02-23
- Accepted Time:
- 2012-02-23 17:37:17
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1043382 | Solutia Inc | SOA | Chemicals & Allied Products (2800) | 431781797 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1320099 | M Gary Glandon | 575 Maryville Centre Drive St. Louis MO 63141 | Sr. Vp, Chief Hr Ofcr. | 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 | 2012-02-21 | 5,321 | $17.95 | 16,112 | No | 4 | M | Direct | |
Common Stock | Disposition | 2012-02-21 | 820 | $28.17 | 15,292 | No | 4 | F | Direct | |
Common Stock | Disposition | 2012-02-21 | 4,501 | $28.17 | 10,791 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2012-02-23 | 4,361 | $28.05 | 15,152 | No | 4 | M | Direct | |
Common Stock | Disposition | 2012-02-23 | 325 | $28.05 | 14,827 | No | 4 | F | Direct | |
Common Stock | Disposition | 2012-02-23 | 4,036 | $28.05 | 10,791 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct | |
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | S | 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 | 2012-02-21 | 5,321 | $17.95 | 21,285 | $17.95 |
Common Stock | Phantom Stock | Acquisiton | 2012-02-21 | 11,674 | $0.00 | 11,674 | $0.00 |
Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2012-02-23 | 4,361 | $23.13 | 17,447 | $23.13 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
15,964 | 2020-10-17 | No | 4 | M | Direct | |
11,674 | No | 4 | A | Direct | ||
13,086 | 2021-02-23 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 500 | Indirect | Glandon Family Trust |
Footnotes
- The option vests in four equal installments on April 21, 2011, 2012, 2013 and 2014.
- Each share of phantom stock is the economic equivalent of 1 share of Solutia common Stock.
- The phantom stock vests over a 4 year period at a rate of 25% per year on the anniversary of the date of the grant. Pursuant to the Agreement and Plan of Merger by and among Solutia Inc., Eastman Chemical Company and Eagle Merger Sub Corporation dated January 26, 2012 (the "Merger Agreement"), as of the Effective Time, as defined in the Merger Agreement, each phantom stock will be converted to a cash amount equal to the closing price of a share of Solutia common stock as of the Effective Time.
- The options vest in four equal installments on February 23, 2012, 2013, 2014 and 2015.