Brown William M 4
4 · Celanese Corp · Filed Jan 23, 2024
Insider Transaction Report
Form 4
Brown William M
Director
Transactions
- Award
Phantom Stock
2024-01-22$145.28/sh+68.833$10,000→ 12,932.603 total→ Common Stock (68.833 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 a portion of 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 by 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 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.