SEC Form 4 · accession 0001214659-17-001283
Huntsman CORP · HUN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter R Huntsman
Officer — President, CEO · Director
Period of report
Feb 17, 2017
Accepted (ET)
Feb 21, 2017 · 7:52 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 Stock | Feb 17, 2017 | M | 464,785 | $20.66 | A | 4,486,003 | D | |
| Common Stock | Feb 17, 2017 | F | 453,283 | $21.58 | D | 4,032,720 | D | |
| Common StockF2 | holding | — | — | — | 191,000 | I | By Spouse as UGMA Custodian for Children | |
| Common StockF3 | holding | — | — | — | 843,657 | I | By Spouse as UTMA Custodian | |
| Common Stock | holding | — | — | — | 933,328 | I | By P&B Capital, L.C. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (Right to Buy)F4 | $20.66 | Feb 17, 2017 | M | 464,785 | D | — | Feb 20, 2017 | Common Stock | 464,785 | 0 | D |
Explanation of responses
- F1Represents a "net exercise" of outstanding stock options. These shares were withheld by Huntsman Corporation for payment of the exercise price and applicable taxes, based on the market price of Huntsman Corporation's common stock at the time of the option exercise on February 17, 2017 of $21.58. Peter Huntsman retained the remaining 11,502 shares acquired upon exercise of the options.
- F2Represents shares held by spouse as Uniform Gifts to Minors Act custodian for six of the reporting person's children. The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
- F3Represents shares held by spouse as Utah Uniform Transfer to Minors Act custodian for eight of the reporting person's children. The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
- F4These options were scheduled to expire on February 20, 2017 and vested in three equal annual installments beginning February 20, 2008.