SEC Form 4 · accession 0001209191-15-033101
LANXESS Solutions US Inc. · CHMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dalip Puri
Officer — VP and Treasurer
Period of report
Apr 6, 2015
Accepted (ET)
Apr 8, 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 StockF1,F2 | Apr 6, 2015 | M | 1,513 | $16.03 | A | 14,208 | D | |
| Common StockF1 | Apr 6, 2015 | S | 1,513 | $28.51 | D | 12,695 | D | |
| Common StockF1 | Apr 6, 2015 | M | 10,123 | $16.03 | A | 22,818 | D | |
| Common StockF1 | Apr 6, 2015 | S | 10,123 | $28.40 | D | 12,695 | 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)F3 | $16.03 | Apr 6, 2015 | M | 1,513 | D | — | Dec 7, 2021 | Common Stock | 1,513 | 0 | D |
| Employee Stock Option (right to buy)F4 | $16.03 | Apr 6, 2015 | M | 10,123 | D | — | Dec 7, 2021 | Common Stock | 10,123 | 0 | 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.
- F2Includes 321 shares acquired under the Chemtura Corporation 2012 Employee Stock Purchase Plan on March 31, 2015.
- F3This option became exercisable in three equal installments on March 10, 2012, March 10, 2013 and March 10, 2014.
- F4This option became exercisable in three equal installments on December 7, 2011, March 31, 2012 and March 31, 2013.