SEC Form 4 · accession 0001209191-15-053817
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
Jun 15, 2015
Accepted (ET)
Jun 16, 2015 · 4:33 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 | Jun 15, 2015 | S | 1,500 | $29.90 | D | 14,812 | D | |
| Common Stock | Jun 15, 2015 | M | 3,500 | $16.03 | A | 18,312 | D | |
| Common Stock | Jun 15, 2015 | S | 3,500 | $29.90 | D | 14,812 | 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 | $16.03 | Jun 15, 2015 | M | 3,500 | D | — | Mar 10, 2021 | Common Stock | 3,500 | 0 | D |
Explanation of responses
- F1The option exercise and sales reported on this Form 4 were 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 11,503 shares (4,000, 503 and 3,500 of which were purchased on December 23, 2014; December 26, 2014 and January 2, 2015), became exercisable in three equal installments on March 10, 2012, March 10, 2013 and March 10, 2014.