SEC Form 4 · accession 0001306830-16-000259
Celanese Corp · CE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David F Hoffmeister
Director
Period of report
Mar 16, 2016
Accepted (ET)
Mar 17, 2016 · 4:35 pm EDT
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 Stock | Mar 16, 2016 | M | 25,000 | $21.02 | A | 46,777 | D | |
| Series A Common StockF1 | Mar 16, 2016 | S | 8,300 | $64.054 | D | 38,477 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F2 | $21.02 | Mar 16, 2016 | M | 25,000 | D | — | May 16, 2016 | Series A Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1The reported price in this line is a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $64.00 to $64.11. The reporting person will provide to the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each price.
- F2Granted pursuant to the Company's 2004 Stock Incentive Plan. The options vested with respect to 25% of the grant on each of May 16, 2007, May 16, 2008, May 16, 2009 and May 16, 2010.