4//SEC Filing
Brown William M 4
Accession 0001306830-23-000103
CIK 0001306830other
Filed
May 15, 8:00 PM ET
Accepted
May 16, 4:31 PM ET
Size
10.4 KB
Accession
0001306830-23-000103
Insider Transaction Report
Form 4
Brown William M
Director
Transactions
- Award
Phantom Stock
2023-03-07$117.67/sh+66.681$7,846→ 12,473.272 total→ Common Stock (66.681 underlying) - Award
Phantom Stock
2023-05-15$105.22/sh+75.676$7,963→ 12,548.948 total→ Common Stock (75.676 underlying) - Award
Common Stock
2023-05-12$98.46/sh+1,777$174,963→ 1,880 total
Footnotes (3)
- [F1]Annual grant of restricted stock units pursuant to the Company's Amended and Restated 2018 Global Incentive Plan. The restricted stock units vest in full on the one-year anniversary of the date of the grant. The reporting person has elected that upon vesting of the restricted stock units, receipt of the shares of Common Stock be deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"); accordingly, upon vesting, the reporting person will instead receive an equal number of shares of phantom stock. As provided in the Plan, the phantom stock becomes payable in shares of Common Stock upon the earlier of the date previously elected by the reporting person to receive payment or the termination of the reporting person's service as a director of the Company.
- [F2]Each share of phantom stock represents the right to receive one share of Common Stock or the cash value of one share of Common Stock.
- [F3]The reported phantom stock represents dividend equivalents on cash compensation and restricted stock units deferred under the Plan. As provided by the Plan, the reporting person may transfer a portion of the phantom stock account into an alternative investment account at any time. The shares of phantom stock become payable in cash or shares of Common Stock, subject to certain conditions and as provided in the Plan, on the earlier of the date previously elected by the reporting person to receive payment or upon termination of the reporting person's service as a director of the Company.
Documents
Issuer
Celanese Corp
CIK 0001306830
Entity typeother
Related Parties
1- filerCIK 0001350633
Filing Metadata
- Form type
- 4
- Filed
- May 15, 8:00 PM ET
- Accepted
- May 16, 4:31 PM ET
- Size
- 10.4 KB