4//SEC Filing
Wrigley Phil 4
Accession 0001104659-17-052753
CIK 0001705682other
Filed
Aug 17, 8:00 PM ET
Accepted
Aug 18, 9:01 PM ET
Size
19.0 KB
Accession
0001104659-17-052753
Insider Transaction Report
Form 4
Wrigley Phil
VP, EHS and Mfg Excellence
Transactions
- Award
Stock Options
2017-08-16+18,843→ 18,843 totalExercise: $6.67Exp: 2026-02-03→ Ordinary Shares (18,843 underlying) - Award
Restricted Stock Units
2017-08-16+6,252→ 6,252 total→ Ordinary Shares (6,252 underlying) - Award
Stock Options
2017-08-16+2,731→ 2,731 totalExercise: $17.13Exp: 2025-02-04→ Ordinary Shares (2,731 underlying) - Award
Restricted Stock Units
2017-08-16+1,217→ 1,217 total→ Ordinary Shares (1,217 underlying) - Award
Stock Options
2017-08-16+10,063→ 10,063 totalExercise: $15.81Exp: 2027-02-01→ Ordinary Shares (10,063 underlying) - Award
Restricted Stock Units
2017-08-16+4,430→ 4,430 total→ Ordinary Shares (4,430 underlying)
Footnotes (9)
- [F1]The restricted stock units and the options were awarded under the Venator Materials 2017 Stock Incentive Plan to Mr. Wrigley in connection with the initial public offering of ordinary shares, par value $0.001 per share ("Ordinary Shares"), in the capital of Venator Materials PLC (the "Company'). The restricted stock units and the options were converted from awards of the Company's parent in connection with the initial public offering of Ordinary Shares by the Company.
- [F2]Each option represents a contingent right to purchase one Ordinary Share at an exercise price of $17.13 per share. The options vest and become exercisable on February 4, 2018.
- [F3]Each option may not be exercised on or after the earliest of the following to take place of (i) the date that is ten (10) years following the date of grant (which is tied to the original grant date of the parent award), (ii) the expiry of the period of six months following certain changes of control and (iii) the expiry of the period during which any person or groups of persons is bound or entitled under Sections 979 to 982 or Sections 983 to 985 of the Companies Act 2006 (or similar law of another jurisdiction) to acquire shares of the same class as the Ordinary Shares.
- [F4]Each option represents a contingent right to purchase one Ordinary Share at an exercise price of $6.67 per share. The options vest and become exercisable in two substantially equal installments on each of February 3, 2018 and February 3, 2019.
- [F5]Each option represents a contingent right to purchase one Ordinary Share at an exercise price of $15.81 per share. The options vest and become exercisable in three substantially equal installments on each of February 1, 2018, February 1, 2019 and February 1, 2020.
- [F6]Each restricted stock unit represents the contingent right to receive one Ordinary Share or an amount of cash equal to the fair market value of an Ordinary Share on the vesting date that would otherwise be issued to Mr. Wrigley.
- [F7]The restricted stock units will vest on February 4, 2018, provided that Mr. Wrigley remains continuously employed by the Company as of the applicable vesting date.
- [F8]The restricted stock units will vest in two substantially equal installments on each of February 3, 2018 and February 3, 2019, in each case provided that Mr. Wrigley remains continuously employed by the Company as of the applicable vesting date.
- [F9]The restricted stock units will vest in three substantially equal installments on each of February 1, 2018, February 1, 2019 and February 1, 2020, in each case provided that Mr. Wrigley remains continuously employed by the Company as of the applicable vesting date.
Documents
Issuer
Venator Materials PLC
CIK 0001705682
Entity typeother
Related Parties
1- filerCIK 0001713150
Filing Metadata
- Form type
- 4
- Filed
- Aug 17, 8:00 PM ET
- Accepted
- Aug 18, 9:01 PM ET
- Size
- 19.0 KB