LANXESS Solutions US Inc. 4
4 · LANXESS Solutions US Inc. · Filed Apr 24, 2017
Insider Transaction Report
Form 4
Catalano Anna C
Director
Transactions
- Disposition to Issuer
Common Stock
2017-04-21$33.50/sh−26,794$897,599→ 0 total
Footnotes (1)
- [F1]On September 25, 2016, Chemtura Corporation (the "Company") entered into an Agreement and Plan of Merger (the "Merger Agreement") with Lanxess Deutschland GmbH ("Lanxess") and LANXESS Solutions US Inc. (f/k/a LANXESS Additives Inc.) ("Merger Subsidiary"), pursuant to which Merger Subsidiary will merge (the "Merger") with and into the Company, whereupon the existence of Merger Subsidiary will cease and the Company will become the surviving corporation and a wholly-owned subsidiary of Lanxess. The Merger became effective on April 21, 2017 (the "Effective Time"). Pursuant to the Merger Agreement, each share of the Company's common stock, par value $0.01, outstanding immediately prior to the Effective Time was converted into the right to receive $33.50 in cash, without interest.