AKITT JOHN E 4
4 · CYTEC INDUSTRIES INC/DE/ · Filed Jan 4, 2006
Insider Transaction Report
Form 4
AKITT JOHN E
Director
Transactions
- Award
Deferred Stock Award
2005-12-30$47.63/sh−262.439$12,500→ 1,366.548 total→ Common Stock (262.439 underlying)
Footnotes (1)
- [F1]Pursuant to stockholder approved 1993 Stock Award and Incentive Plan, and an election made by Mr. Akitt, Mr. Akitt received a deferred stock award of 262.439 shares in lieu of his $12,500 semi annual retainer fee. Deferred stock awards are paid for no addition consideration in the form of an equivalent number of shares of common stock following termination of service as a director.