4//SEC Filing
Celanese Corp 4
Accession 0001306830-12-000076
$CECIK 0001306830operating
Filed
May 14, 8:00 PM ET
Accepted
May 15, 5:09 PM ET
Size
10.1 KB
Accession
0001306830-12-000076
Insider Transaction Report
Form 4
ONEILL PAUL H
Director
Transactions
- Disposition to Issuer
Series A Common Stock
2012-05-13−1,664→ 12,739 total - Discretionary Transaction
Phantom Stock
2012-05-11$45.00/sh−740.21$33,309→ 13,919.12 totalExp: 2012-05-11→ Series A Common Stock (740.21 underlying) - Award
Phantom Stock
2012-05-13+1,664→ 15,583.12 total→ Series A Common Stock (1,664 underlying)
Footnotes (4)
- [F1]Upon the vesting of the restricted stock units granted to the reporting person on May 13, 2011, the reporting person deferred the receipt of 1,664 shares of Series A Common Stock and received instead 1,664 shares of phantom stock pursuant to the Company's 2008 Deferred Compensation Plan. As a result, the reporting person is reporting the disposition of 1,664 shares of series Common Stock in exchange for an equal number of shares of phantom stock.
- [F2]Each share of phantom stock represents the right to receive either one share of Series A Common Stock or the cash value of one share of Series A Common Stock.
- [F3]The reported phantom stock represents compensation for director services, which were previously deferred under the 2008 Deferred Compensation Plan. On May 11, 2012, these shares of phantom stock were settled for cash.
- [F4]As provided in the 2008 Deferred Compensation Plan, the reported phantom stock becomes payable in shares of Series A Common Stock upon the termination of the reporting person's service as a director of the Company.
Documents
Issuer
Celanese Corp
CIK 0001306830
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001306830
Filing Metadata
- Form type
- 4
- Filed
- May 14, 8:00 PM ET
- Accepted
- May 15, 5:09 PM ET
- Size
- 10.1 KB