SEC Form 4 · accession 0001209191-17-013408
CABOT CORP · CBT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick M. Prevost
Director
Period of report
Feb 17, 2017
Accepted (ET)
Feb 22, 2017 · 5:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000016040
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 17, 2017 | M | 40,328 | $55.37 | A | 293,548 | D | |
| Common StockF1 | Feb 17, 2017 | D | 12,139 | $55.37 | D | 281,409 | D | |
| Common Stock | Feb 21, 2017 | M | 92,562 | $34.64 | A | 373,971 | D | |
| Common StockF2 | Feb 21, 2017 | S | 92,562 | $58.22 | D | 281,409 | D | |
| Common StockF3 | holding | — | — | — | 50 | I | Through the Trustee for the Corporation's 401(k) plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF4 | — | Feb 17, 2017 | M | 40,328 | A | Feb 17, 2017 | Feb 17, 2017 | Common Stock | 40,328 | 0 | D |
| Employee Stock Option (Right to Buy)F5 | $34.64 | Feb 21, 2017 | M | 92,562 | D | — | Oct 15, 2019 | Common Stock | 92,562 | 0 | D |
Explanation of responses
- F1The price reported is the closing price of Cabot stock as of January 31, 2017, the date the phantom stock was valued for settlement under the terms of the Supplemental 401(k) Plan.
- F2The price reported is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from 58.15 to $58.74, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, the Corporation or any security holder of the Corporation, upon request, full information regarding the number of shares sold at each separate price.
- F3Reflects retirement plan contributions by the Corporation.
- F41 for 1
- F592,562 shares were subject to the option. The option vested over a three year period as follows: 30% November 12, 2011, 30% November 12, 2012 and 40% on November 12, 2013.