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Celanese Corp — Director's Dealing 2017
Nov 13, 2017
10218_dirs_2017-11-13_387b1a91-747a-4689-b0a6-981417424c27.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Celanese Corp (CE)
CIK: 0001306830
Period of Report: 2017-11-09
Reporting Person: Sutton Scott McDougald (COO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-11-09 | Phantom Stock | $ | A | 3.007 | Acquired | Series A Common Stock (3.007) | Direct |
Footnotes
F1: Each share of phantom stock represents the right to receive the cash value of one share of Series A Common Stock.
F2: The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). As provided by the Plan, the reporting person may transfer the phantom stock account into an alternative investment account at any time. The shares of phantom stock become payable in cash or shares of Series A Common Stock, subject to certain conditions, on the earlier of the date previously elected by the reporting person to receive payment or the reporting person's termination of employment.
F3: Includes 8.569 additional phantom shares held in the reporting person's deferred compensation plan account based on an account balance reconciliation.