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Huntsman CORP — Director's Dealing 2019
Feb 6, 2019
31896_dirs_2019-02-06_65b87af9-6ec9-4df4-bcb0-0104b803bd98.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Venator Materials PLC (VNTR)
CIK: 0001705682
Period of Report: 2019-02-04
Reporting Person: Huntsman CORP (10% Owner)
Reporting Person: Huntsman (Holdings) Netherlands B.V. (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-06 | Ordinary Shares | J | 4334389 | $4.3626 | Disposed | 52118568 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-04 | Post-paid share sale contract | $ | J | 4334389 | Disposed | Ordinary Shares (4334389) | Indirect |
Footnotes
F1: On December 3, 2018, Huntsman (Holdings) Netherlands B.V. ("Huntsman Holdings") entered into a post-paid share sale transaction (the "Transaction") with Bank of America N.A. ("Dealer"). Pursuant to the Transaction, Huntsman Holdings sold an aggregate of 4,334,389 Ordinary Shares to Dealer at a price to be determined based on the average of the daily volume weighted average price of the Ordinary Shares over an agreed period. Huntsman Holdings delivered the Ordinary Shares to Dealer on December 3, 2018. On February 4, 2019, Dealer accelerated the final settlement of the Transaction to February 6, 2019. The Transaction immediately allowed the Huntsman Corporation ("Huntsman") to deconsolidate Venator Materials PLC on or about December 3, 2018.
F2: This Form 4 is being filed jointly by (i) Huntsman Holdings, a direct wholly-owned subsidiary of Huntsman International LLC, which is a direct wholly-owned subsidiary of Huntsman, and (ii) Huntsman.