Brown William M 4
4 · Celanese Corp · Filed Mar 7, 2024
Insider Transaction Report
Form 4
Brown William M
Director
Transactions
- Award
Phantom Stock
2024-03-05$151.61/sh+59.712$9,053→ 12,992.315 total→ Common Stock (59.712 underlying)
Footnotes (2)
- [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 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.