SEC Form 4 · accession 0000899243-15-007582

LANXESS Solutions US Inc. · CHMT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Craig A Rogerson

Officer — President and CEO · Director

Period of report

Nov 2, 2015

Accepted (ET)

Nov 4, 2015 · 4:06 pm EST

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
Common Stock	Nov 2, 2015	M	33,761	$16.03	A	381,051	D
Common Stock^F2	Nov 2, 2015	S	33,761	$31.94	D	347,290	D
Common Stock	Nov 2, 2015	M	91,442	$16.03	A	438,732	D
Common Stock^F3	Nov 2, 2015	S	91,442	$32.00	D	347,290	D
Common Stock	Nov 3, 2015	M	106,411	$16.03	A	453,701	D
Common Stock^F4	Nov 3, 2015	S	106,411	$32.03	D	347,290	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)^F5	$16.03	Nov 2, 2015	M	33,761	D	—	Mar 10, 2021	Common Stock	33,761	0	D
Employee Stock Option (right to buy)^F6	$16.03	Nov 2, 2015	M	91,442	D	—	Mar 10, 2021	Common Stock	91,442	304,264	D
Employee Stock Option (right to buy)^F6	$16.03	Nov 3, 2015	M	106,411	D	—	Mar 10, 2021	Common Stock	106,411	197,853	D

Explanation of responses

F1The option exercises 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 $31.56 to $32.11, 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.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.00 to $32.10, 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.
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.00 to $32.20, 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.
F5This option, which initially represented a right to purchase a total of 151,332 shares (117,571 of which were purchased on October 9, 2015), became exercisable in three equal installments on the date of grant, March 31, 2012 and March 31, 2013.
F6This option, which initially represented a right to purchase a total of 395,706 shares (91,442 of which were purchased on November 2, 2015 and 106,411 of which were purchased on November 3, 2015), became exercisable in three equal installments, on March 10, 2012, March 10, 2013 and March 10, 2014.