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Celanese Corp — Director's Dealing 2021
Aug 11, 2021
10218_dirs_2021-08-11_b57bcb50-d6c7-4f91-a61c-c57a3565abd4.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: 2021-04-30
Reporting Person: Kissire Deborah J. (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-04-30 | Common Stock | D | 754 | — | Disposed | 1075 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-04-30 | Phantom Stock | $ | A | 754 | Acquired | Common Stock (754.0) | Direct | |
| 2021-08-09 | Phantom Stock | $ | A | 3.276 | Acquired | Common Stock (3.276) | Direct |
Footnotes
F1: Upon vesting of 754 Restricted Stock Units granted to the reporting person on October 14, 2020, the reporting person deferred the receipt of 754 shares of Common Stock and received instead 754 shares of phantom stock pursuant to the Company's 2008 Deferred Compensation Plan (the "Plan"). As a result, the reporting person is reporting the disposition of 754 shares of Common Stock in exchange for an equal number of shares of phantom stock.
F2: Each share of phantom stock represents the right to receive one share of Common Stock.
F3: As provided in the Plan, the reported phantom stock becomes payable in shares of Common Stock upon termination of the reporting person's service as a director of the Company subject to certain restrictions and limitations.
F4: The reported phantom stock represents dividend equivalents on compensation deferred under the Plan. The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.