MAROSITS JOSEPH E 4

4 · CYTEC INDUSTRIES INC/DE/ · Filed Jan 21, 2005

Form 4

Period: 2005-01-19

VP, Human Resources

Transactions

Award
Option Right to buy
2005-01-19$47.59/sh+15,000$713,850→ 65,980 total
Exercise: $47.59Exp: 2015-01-18→ Common Stock (15,000 underlying)
Award
Common Stock
2005-01-19+2,858→ 14,450 total
Disposition to Issuer
Common Stock
2005-01-19−2,833→ 11,617 total
Award
Deferred Stock Award
2005-01-19+2,833→ 2,833 total
→ Common Stock (2,833 underlying)

Holdings

Footnotes (4)

[F1]Grant of performance stock (i.e. shares of Common Stock, restrictions on which lapse if performance goals are attained) under 1993 Stock Award and Incentive Plan. Price consists of continued performance of employment relationship. In certain circumstances, performance stock may be forfeited and a deferred stock award (a derivative security) may be issued in lieu of the earned portion thereof.
[F2]Pursuant to Cytec's 1993 Stock Award and Incentive Plan, Common Stock represented by a previously granted performance stock award for which performance goals were satisfied was forfeited and replaced by a deferred stock award. Deferred stock awards are paid for no additional consideration in the form of equivalent numbers of shares of Common Stock following termination of employment with the Company.
[F3]Excludes 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).
[F4]Exercisable in one-third installments on each of first three anniversaries of date of grant.

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