SEC Form 4 · accession 0000899243-15-002397
LANXESS Solutions US Inc. · CHMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Billie S. Flaherty
Officer — EVP, Gnrl. Counsel & Secretary
Period of report
Aug 3, 2015
Accepted (ET)
Aug 5, 2015 · 4:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001091862
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Aug 3, 2015 | S | 3,596 | $27.21 | D | 70,244 | D | |
| Common StockF4 | Aug 3, 2015 | S | 3,409 | $27.02 | D | 66,835 | D | |
| Common Stock | Aug 3, 2015 | M | 19,450 | $15.38 | A | 86,285 | D | |
| Common StockF5 | Aug 3, 2015 | S | 19,450 | $27.02 | D | 66,835 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F6 | $15.38 | Aug 3, 2015 | M | 19,450 | D | — | Mar 1, 2022 | Common Stock | 19,450 | 0 | D |
Explanation of responses
- F1The option exercise and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.13 to $27.38, inclusive. The reporting person undertakes to provide Chemtura Corporation, any security holder of Chemtura Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within.
- F3Includes 128 shares acquired under the Chemtura Corporation 2012 Employee Stock Purchase Plan on June 30, 2015.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.83 to $27.22, inclusive. The reporting person undertakes to provide Chemtura Corporation, any security holder of Chemtura Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.77 to $27.22, inclusive. The reporting person undertakes to provide Chemtura Corporation, any security holder of Chemtura Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within.
- F6This option, which initially represented a right to purchase a total of 28,733 shares (9,283 of which were purchased on May 4, 2015), became exercisable in three equal installments on March 1, 2013; March 1, 2014; and March 1, 2015.