AI assistant
Celanese Corp — Director's Dealing 2021
Jan 19, 2021
10218_dirs_2021-01-19_00737f51-2d5d-43cb-a20f-154b90432d6d.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Celanese Corp (CE)
CIK: 0001306830
Period of Report: 2021-01-14
Reporting Person: Brown William M (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-01-14 | Phantom Stock | $ | A | 47.703 | Acquired | Common Stock (47.703) | Direct |
Footnotes
F1: Each share of phantom stock represents the right to receive the cash value of one share of Common Stock.
F2: The reported phantom stock represents the reporting person's quarterly cash retainer for service as a director which has been deferred under the Company's 2008 Deferred Compensation Plan (the "Plan").
F3: As provided in the Plan, the reporting person may transfer a portion of the phantom stock account into an alternative investment account at any time, and on the earlier of the date previously elected by the reporting person to receive a payment or the termination of the reporting person's service as a director of the Company, the shares of phantom stock become payable in either cash or shares of Common Stock.