SEC Form 4 · accession 0001225208-15-005293
CYTEC INDUSTRIES INC/DE/ · CYT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roy Smith
Officer — VP, Gen Counsel & Sec
Period of report
Feb 23, 2015
Accepted (ET)
Feb 24, 2015 · 9:55 am 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 23, 2015 | M | 6,137 | $0.00 | A | 36,473 | D | |
| Common StockF2 | Feb 23, 2015 | S | 6,137 | $53.2491 | D | 30,336 | D | |
| Common StockF3 | holding | — | — | — | 30,000 | I | Individual Retirement Account | |
| Common StockF4 | holding | — | — | — | 34,631 | 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 RightF5 | $29.11 | Feb 23, 2015 | M | 13,500 | D | — | Jan 30, 2017 | Common Stock | 13,500 | 13,500 | D |
Explanation of responses
- F1Pursuant to the exercise of stock settled appreciation rights, Mr. Smith received 6,137 shares without payment of any consideration.
- F2The sales price ranged from $53.20 to $53.33 with a weighted average of $53.2491. 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.
- F32,000 shares beneficial ownership disclaimed; owned by wife
- F4Excludes 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).
- F5Stock settled 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.