SEC Form 4 · accession 0001627223-18-000032
Chemours Co · CC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark P Vergnano
Officer — President and CEO
Period of report
May 8, 2018
Accepted (ET)
May 10, 2018 · 9:59 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 | May 8, 2018 | M | 144,438 | $12.96 | A | 394,299 | D | |
| Common StockF2 | May 8, 2018 | S | 144,438 | $50.52 | D | 249,861 | D | |
| Common Stock | May 9, 2018 | M | 55,713 | $12.96 | A | 305,574 | D | |
| Common StockF3,F4 | May 9, 2018 | S | 55,713 | $50.34 | D | 249,861 | D | |
| Common Stock | holding | — | — | — | 104,100 | I | By GRAT |
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)F5 | $12.96 | May 8, 2018 | M | 144,438 | D | — | Feb 5, 2019 | Common Stock | 144,438 | 55,713 | D |
| Stock Option (Right to Buy)F5 | $12.96 | May 9, 2018 | M | 55,713 | D | — | Feb 5, 2019 | Common Stock | 55,713 | 0 | D |
Explanation of responses
- F1The stock option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 15, 2018.
- F2Price reported is a weighted average. Shares were sold in multiple transactions at prices ranging from $50.00 to $50.86.
- F3Price reported is a weighted average. Shares were sold in multiple transactions at prices ranging from $50.00 to $50.45.
- F4Includes restricted stock units and dividend equivalent units.
- F5These options were issued to the reporting person while he was employed by DuPont and were converted to Chemours options in connection with the Company's separation from DuPont.