LYONDELL CHEMICAL CO 4
4 · LYONDELL CHEMICAL CO · Filed May 9, 2007
Insider Transaction Report
Form 4
BUTLER WILLIAM T MD
Director
Transactions
- Exercise/Conversion
Phantom Stock
2007-05-03−1,955→ 0 total→ Common Stock (1,955 underlying) - Exercise/Conversion
Common Stock
2007-05-03+1,955→ 21,953 total - Disposition to Issuer
Common Stock
2007-05-03$34.18/sh−1,955$66,822→ 19,998 total - Exercise/Conversion
Restricted Share Units
2007-05-03−1,955→ 0 total→ Common Stock (1,955 underlying)
Footnotes (3)
- [F1]Pursuant to the terms of the plan, all unvested restricted share units vest on May 3, 2007 and are paid in cash, resulting in a deemed acquisition and disposition of Company common stock.
- [F2]Pursuant to the terms of the plan, all unvested phantom stock awards vest on May 3, 2007 and are paid in cash, resulting in a deemed acquisition and disposition of Company common stock.
- [F3]Converts on a 1 for 1 basis.