Celanese CORP 4
4 · Celanese CORP · Filed Apr 18, 2012
Insider Transaction Report
Form 4
ONEILL PAUL H
Director
Transactions
- Award
Phantom Stock
2012-04-16$46.55/sh+510.2$23,750→ 14,641.15 total→ Series A Common Stock (510.2 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 thereof.
- [F2]The reported phantom stock represents the person's quarterly cash retainer for service as a director which has been deferred under the Company's 2008 Deferred Compensation Plan. As provided in the Company's 2008 Deferred Compensation Plan, the reporting person may transfer a portion of the phantom stock account into an alternative investment account at any time, and on the earlier of the date previously elected by the reporting person to receive a payment or the termination of the reporting person's service as a director of the Company, the shares of phantom stock become payable in either cash or shares of Series A Common Stock.