SEC Form 4 · accession 0001306830-17-000012
Celanese Corp · CE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jean S Blackwell
Director
Period of report
Jan 18, 2017
Accepted (ET)
Jan 19, 2017 · 4:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001306830
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F2 | — | Jan 18, 2017 | A | 348 | A | — | — | Series A Common Stock | 348 | 6,076 | D |
Explanation of responses
- F1Each share of phantom stock represents the right to receive the cash value of one share of Series A Common Stock.
- F2The reported phantom stock represents the person's quarterly cash retainer for service as a director which has been deferred under the Company's 2008 Deferred Compensation Plan. As provided in the Company's 2008 Deferred Compensation Plan, the reporting person may transfer a portion of the phantom stock account into an alternative investment account at any time, and on the earlier of the date previously elected by the reporting person to receive a payment or the termination of the reporting person's service as a director of the Company, the shares of phantom stock become payable in cash.