SEC Form 4 · accession 0001209191-15-059746
Chemours Co · CC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elizabeth Albright
Officer — Sr. VP - Human Resources
Period of report
Jul 1, 2015
Accepted (ET)
Jul 6, 2015 · 7:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001627223
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.01F1 | Jul 1, 2015 | A | 75,927 | $0.00 | A | 75,927 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $18.4494 | Jul 1, 2015 | A | 43,070 | A | — | Feb 3, 2022 | Common Stock | 43,070 | 43,070 | D |
Explanation of responses
- F1Represents restricted stock units granted in accordance with the Employee Matters Agreement (the "Agreement") dated as of June 26, 2015 between the Issuer and E. I. du Pont de Nemours and Company ("DuPont") to replace restricted stock units and related dividend equivalent units of DuPont held by the Reporting Person immediately before the legal and structural separation of Issuer from DuPont (the "Spin-off").
- F2Award replaces stock options of DuPont held by the Reporting Person immediately before the Spin-off pursuant to the Agreement. Information reported in this row is estimated as of July 6, 2015 based on preliminary information regarding the Spin-off. Final information, if different, will be reported in a subsequent filing.
- F3Options to purchase shares of Issuer common stock vest in three approximately equal annual installments beginning on February 4, 2016.