SEC Form 4 · accession 0001214659-16-014480
Huntsman CORP · HUN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jon M Huntsman
Officer — Executive Chairman · Director · 10% Owner
Period of report
Nov 4, 2016
Accepted (ET)
Nov 8, 2016 · 5:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001307954
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Nov 4, 2016 | S | 111,238 | $17.252 | D | 11,812,006 | I | By Huntsman Family Holdings Company LLC |
| Common StockF1,F4,F3 | Nov 7, 2016 | S | 388,762 | $17.2724 | D | 11,423,244 | I | By Huntsman Family Holdings Company LLC |
| Common StockF1,F5,F3 | Nov 8, 2016 | S | 100,000 | $17.271 | D | 11,323,244 | I | By Huntsman Family Holdings Company LLC |
| Common Stock | holding | — | — | — | 692,772 | D | ||
| Common StockF6 | holding | — | — | — | 22,900 | I | By Karen H. Huntsman Inheritance Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1At the request of Jon M. Huntsman, Huntsman Family Holdings Company LLC sold the shares reported in Lines 1, 2 and 3 of Table 1 of this report for the benefit of, and distributed the proceeds of such sales to, Jon M. Huntsman, who intends to use them to meet charitable obligations.
- F2The price reported in Column 4 of Line 1 with respect to the 111,238 shares sold on November 4, 2016 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.10 to $25.19. The Reporting Person has provided to the Issuer, and undertakes to provide to any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in Footnote (2) to this Form 4.
- F3The shares listed in Column 5 of Lines 1, 2 and 3 are owned directly by Huntsman Family Holdings Company LLC and indirectly by other members of Huntsman Family Holdings Company LLC and Jon M. Huntsman. Jon M. Huntsman disclaims beneficial ownership of the shares held by Huntsman Family Holdings Company LLC, except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of any of the reported shares for purposes of Section 16 or for any other purpose.
- F4The price reported in Column 4 of Line 2 with respect to the 388,762 shares sold on November 7, 2016 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.15 to $17.52. The Reporting Person has provided to the Issuer, and undertakes to provide to any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in Footnote (4) to this Form 4.
- F5The price reported in Column 4 of Line 2 with respect to the 100,000 shares sold on November 8, 2016 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.25 to $17.38. The Reporting Person has provided to the Issuer, and undertakes to provide to any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in Footnote (5) to this Form 4.
- F6These shares are owned directly by the Karen H. Huntsman Inheritance Trust. Jon M. Huntsman may be deemed to be the beneficial owner of these shares by virtue of being the spouse of Karen H. Huntsman, the trustee of the Karen H. Huntsman Inheritance Trust. Jon M. Huntsman disclaims beneficial ownership of the shares held by the Karen H. Huntsman Inheritance Trust, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of any of the reported shares for purposes of Section 16 or for any other purpose.