AKITT JOHN E 4
4 · CYTEC INDUSTRIES INC/DE/ · Filed Feb 28, 2005
Insider Transaction Report
Form 4
AKITT JOHN E
Director
Transactions
- Award
Deferred Stock Award
2005-02-25$49.62/sh+1.576$78→ 783.41 total→ Common Stock (1.576 underlying)
Footnotes (1)
- [F1]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 including deferred dividend equivalents. 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.