SEC Form 4 · accession 0001225208-15-004177
CYTEC INDUSTRIES INC/DE/ · CYT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Michael Radossich
Officer — President, Specialty Chemicals
Period of report
Feb 12, 2015
Accepted (ET)
Feb 17, 2015 · 12:34 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 StockF1 | Feb 12, 2015 | M | 6,410 | $0.00 | A | 8,389 | D | |
| Common StockF2 | Feb 12, 2015 | S | 2,190 | $52.3607 | D | 6,199 | D | |
| Common StockF3 | holding | — | — | — | 7,180 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF4 | $26.24 | Feb 12, 2015 | D | 7,500 | D | — | Jan 28, 2018 | Common Stock | 7,500 | 0 | D |
| Stock Appreciation RightF5 | $29.11 | Feb 12, 2015 | D | 6,000 | D | — | Jan 30, 2017 | Common Stock | 6,000 | 0 | D |
Explanation of responses
- F1Pursuant to the exercise of stock settled appreciation rights, Mr. Radossich received 6,410 shares without payment of any consideration.
- F2The sales price ranged from $52.35 to $52.38 with a weighted average of $52.3607. 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.
- F3Excludes 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).
- F4Stock settled stock appreciation rights become exercisable in one-third installments on each of the first three anniversaries of the date of grant, which was 01/29/2008.
- F5Stock settled stock appreciation rights become exercisable in one-third installments on each of the first three anniversaries of the date of grant, which was 01/31/2007.