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Celanese Corp — Director's Dealing 2020
Aug 10, 2020
10218_dirs_2020-08-10_6172730e-40c1-4cb0-8aba-e87485ccef77.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: 2020-08-06
Reporting Person: BLACKWELL JEAN S (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-08-06 | Phantom Stock | $ | A | 52.512 | Acquired | Common Stock (52.512) | Direct |
Footnotes
F1: Each share of phantom stock represents the right to receive one share of Common Stock or the cash value of one share of Common Stock.
F2: The reported phantom stock represents dividend equivalents on cash compensation and restricted stock units deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). As provided by the Plan, the reporting person may transfer a portion of the phantom stock account into an alternative investment account at any time. The shares of phantom stock become payable in cash or shares of Common Stock, subject to certain conditions and as provided in the Plan, on the earlier of the date previously elected by the reporting person to receive payment or upon termination of the reporting person's service as a director of the Company.