SEC Form 4 · accession 0001225208-15-002881
CYTEC INDUSTRIES INC/DE/ · CYT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raymond J Heslin
Officer — Corporate Controller
Period of report
Jan 30, 2015
Accepted (ET)
Feb 3, 2015 · 5:19 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 | Jan 30, 2015 | M | 12,080 | $11.225 | A | 16,052 | D | |
| Common StockF1,F2 | Jan 30, 2015 | M | 1,280 | $0.00 | A | 17,332 | D | |
| Common StockF3,F2 | Jan 30, 2015 | S | 7,422 | $47.9662 | D | 9,910 | D | |
| Common StockF4,F2 | Feb 3, 2015 | S | 420 | $50.0002 | D | 9,490 | D | |
| Common StockF5 | holding | — | — | — | 294 | 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 buyF6 | $11.225 | Jan 30, 2015 | M | 12,080 | D | — | Jan 27, 2019 | Common Stock | 12,080 | 0 | D |
| Restricted Stock Unit 2012F7 | $0.00 | Jan 30, 2015 | M | 1,280 | D | — | — | Common Stock | 1,280 | 0 | D |
Explanation of responses
- F1The restricted stock units granted on January 30, 2012 were converted into an equal number of common stock for no additional consideration.
- F22,300 shares are jointly owned with my spouse.
- F3The sales price ranged from $47.89 to $48.035 with a weighted average of $47.9662. The undersigned reporting person hereby undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F4The sales price ranged from $50.0001 to $50.08 with a weighted average of $50.0002. The undersigned reporting person hereby undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F5Excludes 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).
- F6Exercisable in one-third installments on each of the first three anniversaries of the date of grant, which was 01/28/2009.
- F7100% of the restricted stock units award vested and converted into common stock on the 3rd anniversary of the grant date.