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
  1. The option vests in four equal installments on April 21, 2011, 2012, 2013 and 2014.
  2. Each share of phantom stock is the economic equivalent of 1 share of Solutia common Stock.
  3. 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.
  4. The options vest in four equal installments on February 23, 2012, 2013, 2014 and 2015.