LYONDELL CHEMICAL CO 4
4 · LYONDELL CHEMICAL CO · Filed Feb 6, 2007
Insider Transaction Report
Form 4
GELB MORRIS
Executive Vice President & COO
Transactions
- Exercise/Conversion
Phantom Stock
2007-02-05−10,986→ 0 total→ Common Stock (10,986 underlying) - Disposition to Issuer
Common Stock
2007-02-05$30.75/sh−10,986$337,820→ 125,117 total - Exercise/Conversion
Common Stock
2007-02-05+10,986→ 136,103 total
Holdings
- 14,349(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Pursuant to the terms of the plan and award agreement, the award vests annually in 1/3 increments beginning one year from the date of the grant and is paid in cash, resulting in a deemed acquisition and disposition of Company common stock.
- [F2]Includes shares accumulated in the Company's Dividend Reinvestment Plan.
- [F3]Converts on a 1 for 1 basis.