Spihlman Timothy J 4
4 · SOLUTIA INC · Filed Feb 3, 2012
Insider Transaction Report
Form 4
SOLUTIA INCSOA
Spihlman Timothy J
V-P & Corporate Controller
Transactions
- Award
Common Stock
2012-02-01+21,043→ 67,449 total - Exercise/Conversion
Common Stock
2012-02-03$16.95/sh+4,170$70,682→ 124,661 total - Sale
Common Stock
2012-02-03$27.93/sh−3,405$95,096→ 60,491 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2012-02-03−60,000→ 0 totalExercise: $17.33Exp: 2018-02-28→ Common Stock (60,000 underlying) - Exercise/Conversion
Common Stock
2012-02-03$17.33/sh+60,000$1,039,800→ 120,491 total - Tax Payment
Common Stock
2012-02-03$27.92/sh−9,719$271,338→ 114,942 total - Sale
Common Stock
2012-02-03$27.92/sh−50,281$1,403,760→ 63,896 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2012-02-03−4,170→ 12,512 totalExercise: $16.95Exp: 2020-04-21→ Common Stock (16,682 underlying) - Tax Payment
Common Stock
2012-02-01$27.75/sh−6,958$193,085→ 60,491 total - Tax Payment
Common Stock
2012-02-03$27.93/sh−765$21,365→ 114,177 total
Footnotes (5)
- [F1]Shares of common stock withheld in payment of tax liability incident to the vesting of performance-based vested restricted stock.
- [F2]Shares of common stock withheld in payment of tax liability incident to the exercise of employee stock option.
- [F3]This represents the weighted average price paid for the shares. The shares were sold at prices ranging from $27.90 to $27.9325, inclusive. Mr. Spihlman will provide, upon request of the SEC staff, Solutia Inc., or a shareholder of Solutia Inc. complete information regarding the number of shares sold at each price within the range.
- [F4]The option vested in three equal installments on February 28, 2009, 2010 and 2011.
- [F5]The option vests in four equal installments on April 21, 2011, 2012, 2013 and 2014.