LYONDELL CHEMICAL CO 4
4 · LYONDELL CHEMICAL CO · Filed Mar 2, 2005
Insider Transaction Report
Form 4
ANDERSON CAROL A
Director
Transactions
- Exercise/Conversion
Common Stock
2005-03-01$12.91/sh+5,000$64,563→ 17,643 total - Exercise/Conversion
Tandem Cash Right
2005-03-01$13.80/sh−5,000$69,000→ 0 totalExercise: $13.80From: 2004-02-05Exp: 2012-02-08→ Common Stock (5,000 underlying) - Exercise/Conversion
Stock Option (right to buy)
2005-03-01$12.91/sh−5,000$64,563→ 0 totalExercise: $12.91Exp: 2010-02-03→ Common Stock (5,000 underlying) - Disposition to Issuer
Common Stock
2005-03-01$33.95/sh−5,000$169,750→ 17,643 total
Holdings
- 100(indirect: By Immediate Family)
Common Stock
Footnotes (2)
- [F1]The options vested annually in 1/3 increments on February 3, 2001, 2002 and 2003.
- [F2]This tandem cash right was granted with respect to a stock option for the purchase of 5,000 shares at an exercise price of $13.80 per share. As permitted under its terms, the reporting person elected to exercise the tandem cash right and in lieu of exercising the option for shares elected to receive from the Company the net cash amount (the fair market value less the exercise price) of $100,750. The tandem stock option expired as a result of the exercise of the tandem cash right.