SEC Form 4 · accession 0000899243-16-015164

LANXESS Solutions US Inc. · CHMT

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

Reporting owner

Officer — VP and Treasurer

Period of report

Mar 1, 2016

Accepted (ET)

Mar 3, 2016 · 4:05 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	Nature of ownership
Common Stock^F1	Mar 1, 2016	A	2,960	$0.00	A	13,524	D
Common Stock	Mar 1, 2016	F	1,200	$25.34	D	12,324	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance Shares^F2	—	Mar 1, 2016	A	2,960	A	—	Mar 1, 2019	Common Stock	2,960	2,960	D

F1Grant of restricted stock units. The restricted stock units vest in three equal installments: March 1, 2017; March 1, 2018; and March 1, 2019.
F2Grant of performance shares. Each performance share represents a contingent right to receive between 0 and 2 shares of Chemtura Corporation common stock. The number of shares reported represents the target amount. The actual number of shares to be delivered will be based on Chemtura Corporation's total shareholder return over the three-year vesting period relative to all companies in the Dow Jones Chemical Index and could equal 200% of the target amount. The performance shares will settle as soon as practicable after December 31, 2018 but no later than March 1, 2019.