Beach Lin Sandra 4
4 · Celanese CORP · Filed May 5, 2009
Insider Transaction Report
Form 4
Beach Lin Sandra
Corporate EVP
Transactions
- Award
Phantom Stock
2009-05-01+21.36→ 11,430.25 total→ Series A Common Stock (21.36 underlying)
Footnotes (2)
- [F1]Each share of Phantom Stock represents the right to receive either one share of Series A Common Stock or the cash value of one share of Series A Common Stock, as provided in the Company's 2008 Compensation Plan.
- [F2]The Phantom Stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan. The shares of Phantom Stock become payable in either shares of Series A Common Stock or cash, as provided in the Company's 2008 Compensation Plan, following the termination of the reporting person's service to the Company.