SEC Form 4/A · accession 0001306830-17-000268
Celanese Corp · CE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Scott McDougald Sutton
Officer — COO
Period of report
Sep 5, 2017
Accepted (ET)
Dec 5, 2017 · 5:30 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 StockF2,F1,F3 | — | Sep 5, 2017 | J | 400 | D | — | — | Series A Common Stock | 400 | 277 | D |
| Phantom StockF4,F1,F3 | — | Sep 5, 2017 | J | 409 | A | — | — | Series A Common Stock | 409 | 686 | D |
| Phantom StockF1,F3 | — | Nov 9, 2017 | A | 3 | A | — | — | Series A Common Stock | 3 | 689 | 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.
- F2Represents phantom shares disposed of in the reporting person's deferred compensation plan account resulting from rebalancing of investment options.
- F3The reported phantom stock represents compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan") and dividends thereon. As provided by the Plan, the reporting person may transfer the phantom stock account into an alternative investment account at any time. The shares of phantom stock become payable in cash, subject to certain conditions, on the earlier of the date previously elected by the reporting person to receive payment or the reporting person's termination of employment.
- F4Represents phantom shares acquired in the reporting person's deferred compensation plan account resulting from the rebalancing of investment options. The aggregate increase in the number of shares of phantom stock aquired as a result of the rebalancing was 8.566 shares.