Brown William M 4
4 · Celanese Corp · Filed Oct 20, 2023
Insider Transaction Report
Form 4
Brown William M
Director
Transactions
- Award
Phantom Stock
2023-10-19$116.65/sh+85.726$10,000→ 12,787.813 total→ Common Stock (85.726 underlying)
Footnotes (3)
- [F1]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.
- [F2]The reported phantom stock represents the person's quarterly cash retainer for service as a director which has been deferred under the Company's 2008 Deferred Compensation Plan (the "Plan").
- [F3]As provided in the Plan, the reporting person may transfer a portion of the phantom stock account into an alternative investment account at any time, and on the earlier of the date previously elected by the reporting person to receive a payment or 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 Common Stock.