SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
MEDLEY SIMON D.

(Last) (First) (Middle)
199 BENSON ROAD

(Street)
MIDDLEBURY CT 06749

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
02/20/2015
3. Issuer Name and Ticker or Trading Symbol
Chemtura CORP [ CHMT ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
See Remarks
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 14,837(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) (2) 11/01/2022 Common Stock 3,734 $16.03 D
Employee Stock Option (right to buy) (3) 03/01/2023 Common Stock 6,778 $20.5 D
Performance Shares (4) 03/01/2016 Common Stock 2,707 (4) D
Performance Shares (5) 03/01/2017 Common Stock 6,061 (5) D
Explanation of Responses:
1. Includes 9,368 restricted stock units, which vest as follows: 2,020 on each of March 1, 2015 and March 1, 2016; 2,021 on March 1, 2017; 1,203 on March 1, 2015; 1,204 on March 1, 2016; and 900 on November 11, 2015.
2. Grant of stock options. As of February 20, 2015, 2,489 stock options have vested. The remaining stock options vest on November 1, 2015.
3. Grant of stock options. As of February 20, 2015, 2,259 stock options have vested. The remaining stock options vest in two equal installments: March 1, 2015 and March 1, 2016.
4. Grant of performance shares. Each performance share represents a contingent right to receive between 0 and 2 shares of Chemtura Corporation common stock. The number of shares reported represents the target amount. The actual number of shares to be delivered will be based on Chemtura Corporation's total shareholder return over the three-year vesting period relative to all companies in the Dow Jones Chemical Index and could equal 200% of the target amount. The performance shares will settle as soon as practicable after December 31, 2015, but no later than March 1, 2016.
5. Grant of performance shares. Each performance share represents a contingent right to receive between 0 and 2 shares of Chemtura Corporation common stock. The number of shares reported represents the target amount. The actual number of shares to be delivered will be based on Chemtura Corporation's total shareholder return over the three-year vesting period relative to all companies in the Dow Jones Chemical Index and could equal 200% of the target amount. The performance shares will settle as soon as practicable after December 31, 2016, but no later than March 1, 2017.
Remarks:
EVP, Industrial Performance Products & Great Lakes Solutions Exhibit Index: Exhibit 24.1 - Power of Attorney.
/s/ Alan Schutzman by Power of Attorney 02/27/2015
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.