SEC Form 4 · accession 0001179110-17-012100
Trinseo S.A. · TSE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher D Pappas
Officer — See Remarks · Director
Period of report
Sep 5, 2017
Accepted (ET)
Sep 6, 2017 · 4:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001519061
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | Sep 5, 2017 | M | 25,000 | $26.97 | A | 265,240 | D | |
| Ordinary SharesF2 | Sep 5, 2017 | S | 15,500 | $68.0447 | D | 249,740 | D | |
| Ordinary SharesF3 | Sep 5, 2017 | S | 6,400 | $68.9626 | D | 243,340 | D | |
| Ordinary SharesF4 | Sep 5, 2017 | S | 3,100 | $69.8597 | D | 240,240 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Ordinary Shares | $26.97 | Sep 5, 2017 | M | 25,000 | D | Feb 22, 2017 | Feb 22, 2025 | Ordinary Shares | 25,000 | 354,479 | D |
Explanation of responses
- F1This Form 4 reflects the exercise of stock options and the sale of underlying shares pursuant to a duly adopted 10b5-1 trading plan entered into in accordance with the Issuer's insider trading policy, which provides for periodic stock option exercises as part of a personal liquidity and diversification strategy.
- F2Represents the weighted average sale price for price increments ranging from $67.55 to $68.50, inclusive. The reporting person undertakes to provide to Trinseo S.A., any security holder of Trinseo S.A., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.
- F3Represents the weighted average sale price for price increments ranging from $68.55 to $69.50, inclusive. The reporting person undertakes to provide to Trinseo S.A., any security holder of Trinseo S.A., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (3) to this Form 4.
- F4Represents the weighted average sale price for price increments ranging from $69.55 to $70.20, inclusive. The reporting person undertakes to provide to Trinseo S.A., any security holder of Trinseo S.A., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (4) to this Form 4.
Remarks
President and Chief Executive Officer