SEC Form 4 · accession 0001225208-15-002176
CYTEC INDUSTRIES INC/DE/ · CYT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel G Darazsdi
Officer — VP, Chief Financial Officer
Period of report
Jan 26, 2015
Accepted (ET)
Jan 28, 2015 · 3:47 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000912513
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 4,910 | D | ||
| Common StockF1 | holding | — | — | — | 175 | I | Savings Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option Right to buyF2 | $44.54 | Jan 26, 2015 | A | 27,526 | A | — | Jan 25, 2025 | Common Stock | 27,526 | 27,526 | D |
| Restricted Stock UnitF3 | $0.00 | Jan 26, 2015 | A | 3,044 | A | Jan 26, 2018 | — | Common Stock | 3,044 | 3,044 | D |
Explanation of responses
- F1Excludes shares held in Employees' Savings Plan or Supplemental Plan which are eligible for deferred reporting on Form 5, as per note to instruction 4(a)(i).
- F2Exercisable in one-third installments on each of the first three anniversaries of the date of grant.
- F3Unless earlier forfeited under the terms of the RSU, 100% of the award vests and converts into common stock on the 3rd anniversary of the grant date unless deferral is elected in which case the award (or portion thereof) converts into a deferred stock award.