Chemtura CORP 4
4 · Chemtura CORP · Filed Jan 18, 2017
Insider Transaction Report
Form 4
Chemtura CORPCHMT
ORTON LAURENCE MICHAEL
VP, Corporate Controller
Transactions
- Tax Payment
Common Stock
2017-01-13$33.15/sh−2,854$94,610→ 21,081 total - Exercise/Conversion
Common Stock
2017-01-13+7,774→ 23,935 total - Exercise/Conversion
Performance Shares
2017-01-13−5,253→ 0 totalExp: 2017-03-01→ Common Stock (7,774 underlying)
Footnotes (1)
- [F1]Each performance share was granted in 2014 and represented a contingent right to receive between 0 and 2 shares of Chemtura Corporation common stock based on Chemtura Corporation's total shareholder return against the companies comprising the Dow Jones US Chemical Index (the "TSR Metric"). 5,253 shares of common stock represented the target amount of the award granted in 2014. The performance shares vested at 148% of the target amount based on the TSR Metric, for a total payout of 7,774 shares of common stock.