STANLEY JAMES R 4
4 · CYTEC INDUSTRIES INC/DE/ · Filed Apr 17, 2009
Insider Transaction Report
Form 4
STANLEY JAMES R
Director
Transactions
- Award
Common Stock
2009-04-16$18.24/sh+3,838$70,005→ 7,306 total
Footnotes (1)
- [F1]Received an award of Restricted Stock (i.e. shares of Common Stock, restrictions on which lapse upon the stock becoming non-forfeitable) as part of his/her annual retainer for serving on Cytec's Board. The Restricted Stock becomes non-forfeitable on the third anniversary of the grant of the award, or immediately upon a Change-in-Control (as defined in 1993 Stock Award and Incentive Plan). If the Director's service terminates prior to the award becoming non-forfeitable (except in certain circumstances set forth in the restricted stock award letter), the award reverts back to Cytec. The reporting person has elected to receive a deferred stock award for an equivalent number of shares in lieu of unrestricted shares on the date the Restricted Stock would vest.