Celanese Corp 4
4 · Celanese Corp · Filed Jul 18, 2012
Insider Transaction Report
Form 4
ONEILL PAUL H
Director
Transactions
- Award
Phantom Stock
2012-07-16$34.17/sh+877.96$30,000→ 16,461.08 total→ Series A Common Stock (877.96 underlying)
Footnotes (2)
- [F1]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.
- [F2]The reported phantom stock represents the person's quarterly cash retainer for service as a director which has been deferred under the Company's 2008 Deferred Compensation Plan. As provided in the Company's 2008 Deferred Compensation Plan, the reporting person may transfer a portion of the phantom stock account into an alternative investment account at any time, and following 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 Series A Common Stock.