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CABOT CORP — Director's Dealing 2017
Feb 22, 2017
31161_dirs_2017-02-22_f619b418-078d-4f59-a2cb-d5a90e6a3d3b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CABOT CORP (CBT)
CIK: 0000016040
Period of Report: 2017-02-17
Reporting Person: Prevost Patrick M. (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-17 | Common Stock | M | 40328 | $55.37 | Acquired | 293548 | Direct |
| 2017-02-17 | Common Stock | D | 12139 | $55.37 | Disposed | 281409 | Direct |
| 2017-02-21 | Common Stock | M | 92562 | $34.64 | Acquired | 373971 | Direct |
| 2017-02-21 | Common Stock | S | 92562 | $58.22 | Disposed | 281409 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-17 | Phantom Stock | $ | M | 40328 | Acquired | 2017-02-17 | Common Stock (40328) | Direct |
| 2017-02-21 | Employee Stock Option (Right to Buy) | $34.64 | M | 92562 | Disposed | 2019-10-15 | Common Stock (92562) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 50.02 | Indirect |
Footnotes
F1: The price reported is the closing price of Cabot stock as of January 31, 2017, the date the phantom stock was valued for settlement under the terms of the Supplemental 401(k) Plan.
F2: The price reported is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from 58.15 to $58.74, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, the Corporation or any security holder of the Corporation, upon request, full information regarding the number of shares sold at each separate price.
F3: Reflects retirement plan contributions by the Corporation.
F4: 1 for 1
F5: 92,562 shares were subject to the option. The option vested over a three year period as follows: 30% November 12, 2011, 30% November 12, 2012 and 40% on November 12, 2013.