ARCH CHEMICALS INC 4
4 · ARCH CHEMICALS INC · Filed Oct 19, 2011
Insider Transaction Report
Form 4
WETMORE DOUGLAS J
Director
Transactions
- Disposition to Issuer
Phantom Stock Units
2011-10-17$47.20/sh−30,457.11$1,437,576→ 0 total→ Common Stock (30,457.11 underlying) - Disposition from Tender
Common Stock $1 Par Value
2011-10-17$47.20/sh−5,000$236,000→ 0 total
Footnotes (2)
- [F1]Each unit is the economic equivalent of one share of Arch Chemicals' common stock.
- [F2]Pursuant to the terms of the Arch Chemicals, Inc. 1999 Stock Plan for Non-Employee Directors ("Directors Stock Plan") , upon a Change-In-Control (CIC), all accounts held under the plan (including accounts holding phantom stock units in respect of Arch Chemicals, Inc. Common Stock, which are settled and extinguished at the tender offer price of $47.20 per unit) are distributed in cash to the Director. A CIC occurred on 10/17/2011.