Beach Lin Sandra 4
4 · Celanese CORP · Filed Feb 3, 2010
Insider Transaction Report
Form 4
Beach Lin Sandra
Corporate EVP
Transactions
- Award
Dividend Equivalent Right
2010-02-01+17→ 180 total→ Series A Common Stock (17 underlying) - Award
Phantom Stock
2010-02-01+15.26→ 11,479.14 total→ Series A Common Stock (15.26 underlying)
Footnotes (4)
- [F1]Each Dividend Equivalent Right represents the right to receive one share of Series A Common Stock.
- [F2]The Dividend Equivalent Rights accrued on 12,000 Restricted Stock Units granted to the reporting person on February 7, 2008 and will vest concurrently with, and in proportion to, such Restricted Stock Units.
- [F3]Each share of Phantom Stock represents the right to receive the cash value of one share of Series A Common Stock.
- [F4]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 Deferred Compensation Plan, following the termination of the reporting person's service with the Company.