SEC Form 4 · accession 0001209191-15-022251
LANXESS Solutions US Inc. · CHMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laurence Michael Orton
Officer — VP, Corporate Controller
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 4:25 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 StockF1 | Mar 2, 2015 | M | 2,278 | $15.38 | A | 19,720 | D | |
| Common StockF1 | Mar 2, 2015 | S | 2,278 | $26.50 | D | 17,442 | D | |
| Common StockF1 | Mar 2, 2015 | M | 2,259 | $20.50 | A | 19,701 | D | |
| Common StockF1 | Mar 2, 2015 | S | 2,259 | $26.50 | D | 17,442 | 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)F2 | $15.38 | Mar 2, 2015 | M | 2,278 | D | — | Mar 10, 2022 | Common Stock | 2,497 | 2,388 | D |
| Employee Stock Option (right to buy)F3 | $20.50 | Mar 2, 2015 | M | 2,259 | D | — | Mar 10, 2023 | Common Stock | 2,259 | 4,519 | D |
Explanation of responses
- F1The option exercises and sales reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2This option, which initially represented a right to purchase a total of 6,659 shares, became exercisable in three equal installments on March 10, 2012, March 31, 2013 and March 31, 2014.
- F3This option initially represented a right to purchase a total of 6,778 shares. As of March 2, 2015, 4,518 stock options have vested. The remaining stock options vest on March 1, 2016.