SANDERS DANIEL S 4
4 · Celanese Corp · Filed May 17, 2013
Insider Transaction Report
Form 4
SANDERS DANIEL S
Director
Transactions
- Award
Phantom Stock
2013-05-16$48.39/sh+11.03$534→ 5,940.77 total→ Series A Common Stock (11.03 underlying)
Footnotes (2)
- [F1]Each share of phantom stock represents the right to receive either one share of Series A Common Stock or the cash value of one share of Series A Common Stock.
- [F2]The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan. As provided in the Company's 2008 Deferred Compensation Plan, the reporting person may transfer a portion of the phantom stock account into an alternative investment account at any time, and following the termination of the reporting person's service as a director of the Company, the shares of phantom stock become payable in either cash or shares of Series A Common Stock.