SEC Form 4 · accession 0001627223-16-000120
Chemours Co · CC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard H Brown
Director
Period of report
Jun 30, 2016
Accepted (ET)
Jul 1, 2016 · 11:59 am 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 StockF2 | Jun 30, 2016 | J | 10,528 | $8.24 | D | 53,797 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock UnitsF4,F6,F3,F5 | — | Jun 30, 2016 | A | 2,731 | A | — | — | Common Stock | 2,731 | 14,532 | D |
Explanation of responses
- F1This disposition related to investments under one or more deferred compensation/benefit plans of E. I. du Pont de Nemours and Company ("DuPont") that the reporting person participated in when he was a director of DuPont. Following Chemours' separation from DuPont on July 1, 2015, Chemours stock remained as an investment option under the DuPont plans until June 30, 2016. On June 30, 2016, the reporting person's investment was automatically allocated to other investment options according to the terms of the DuPont plans. The reporting person did not sell shares of Chemours stock as part of this transaction.
- F2Includes restricted stock units and dividend equivalent units.
- F3Units convert one-for-one to Chemours common stock.
- F4Credited under the Chemours deferred compensation plan for directors.
- F5Payable upon separation from service.
- F6Includes stock units and dividend equivalent units.