BLACKWELL JEAN S 4
4 · Celanese Corp · Filed May 16, 2023
Insider Transaction Report
Form 4
Blackwell Jean
Director
Transactions
- Award
Phantom Stock
2023-03-07$117.67/sh+52.484$6,176→ 8,875.023 total→ Common Stock (52.484 underlying) - Award
Common Stock
2023-05-12$98.46/sh+1,777$174,963→ 11,076 total - Award
Phantom Stock
2023-05-15$105.22/sh+59.043$6,213→ 8,934.066 total→ Common Stock (59.043 underlying)
Footnotes (3)
- [F1]Annual grant of restricted stock units pursuant to the Company's Amended and Restated 2018 Global Incentive Plan. The restricted stock units vest in full on the one-year anniversary of the date of grant.
- [F2]Each share of phantom stock represents the right to receive one share of Common Stock or the cash value of one share of Common Stock.
- [F3]The reported phantom stock represents dividend equivalents on cash compensation and restricted stock units deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). As provided by the Plan, the reporting person may transfer a portion of the phantom stock account into an alternative investment account at any time. The shares of phantom stock become payable in cash or shares of Common Stock, subject to certain conditions and as provided in the Plan, on the earlier of the date previously elected by the reporting person to receive payment or upon termination of the reporting person's service as a director of the Company.