SEC Form 4 · accession 0001209191-15-043265
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
May 13, 2015
Accepted (ET)
May 15, 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 Stock | May 13, 2015 | M | 118,549 | $15.50 | A | 464,885 | D | |
| Common StockF1 | May 13, 2015 | S | 118,549 | $29.59 | D | 346,336 | D | |
| Common Stock | May 13, 2015 | M | 135,380 | $15.38 | A | 481,716 | D | |
| Common StockF2 | May 13, 2015 | S | 135,380 | $29.51 | D | 346,336 | D | |
| Common Stock | May 14, 2015 | M | 34,488 | $15.38 | A | 380,824 | D | |
| Common StockF3 | May 14, 2015 | S | 34,488 | $29.50 | D | 346,336 | 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)F4 | $15.50 | May 13, 2015 | M | 118,549 | D | — | Nov 10, 2020 | Common Stock | 118,549 | 0 | D |
| Employee Stock Option (right to buy)F5 | $15.38 | May 13, 2015 | M | 135,380 | D | — | Mar 1, 2022 | Common Stock | 135,380 | 34,488 | D |
| Employee Stock Option (right to buy)F5 | $15.38 | May 14, 2015 | M | 34,488 | D | — | Mar 1, 2022 | Common Stock | 34,488 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.50 to $29.80, 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.50 to $29.60, 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 $29.50 to $29.55, 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.
- F4This option, which initially represented a right to purchase a total of 183,223 shares (61,074, 2,600 and 1,000 of which were purchased on January 16, 2014, May 8, 2015 and May 11, 2015, respectively), became exercisable in three equal installments on November 10, 2010, March 31, 2011 and March 31, 2012.
- F5This option, which initially represented a right to purchase a total of 182,109 shares (10,500 and 1,741 of which were purchased on May 8, 2015 and May 11, 2015, respectively), became exercisable in three equal installments on March 1, 2013, March 1, 2014 and March 1, 2015.