SEC Form 4 · accession 0001306830-16-000218
Celanese Corp · CE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott McDougald Sutton
Officer — EVP & Pres, Materials Solution
Period of report
Feb 3, 2016
Accepted (ET)
Feb 5, 2016 · 6:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001306830
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Series A Common StockF1 | Feb 3, 2016 | A | 17,304 | $0.00 | A | 36,895 | D | |
| Series A Common StockF2 | Feb 3, 2016 | F | 3,602 | $61.73 | D | 33,293 | D | |
| Series A Common StockF3 | Feb 3, 2016 | A | 10,668 | $0.00 | A | 43,961 | D | |
| Series A Common StockF4 | Feb 4, 2016 | F | 1,567 | $61.50 | D | 42,394 | D | |
| Series A Common Stock | holding | — | — | — | 5 | I | By 401(k) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents performance-based restricted stock units ("PRSUs") granted to the reporting person on February 6, 2014 under the Company's 2009 Global Incentive Plan, as amended (the "Plan"), of which 8,652 have vested and been settled. The remaining 8,652 PRSUs will vest in full on January 1, 2017.
- F2Shares withheld for the payment of taxes on the vesting and settlement of PRSUs.
- F3Time-based restricted stock units ("RSUs") granted pursuant to the Plan. Each RSU represents the right to receive one share of Series A Common Stock. The RSUs will vest in full on February 15, 2019.
- F4Shares withheld for the payment of taxes on the vesting of RSUs granted to the reporting person on February 4, 2015.