0001209191-15-021262.txt : 20150303
0001209191-15-021262.hdr.sgml : 20150303
20150303162600
ACCESSION NUMBER: 0001209191-15-021262
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150227
FILED AS OF DATE: 20150303
DATE AS OF CHANGE: 20150303
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Chemtura CORP
CENTRAL INDEX KEY: 0001091862
STANDARD INDUSTRIAL CLASSIFICATION: PLASTIC MATERIAL, SYNTH RESIN/RUBBER, CELLULOS (NO GLASS) [2820]
IRS NUMBER: 522183153
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: BENSON ROAD
CITY: MIDDLEBURY
STATE: CT
ZIP: 06749
BUSINESS PHONE: 2035732000
MAIL ADDRESS:
STREET 1: BENSON ROAD
CITY: MIDDLEBURY
STATE: CT
ZIP: 06749
FORMER COMPANY:
FORMER CONFORMED NAME: CROMPTON CORP
DATE OF NAME CHANGE: 20000512
FORMER COMPANY:
FORMER CONFORMED NAME: CK WITCO CORP
DATE OF NAME CHANGE: 19990727
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Flaherty Billie S.
CENTRAL INDEX KEY: 0001454769
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-15339
FILM NUMBER: 15669448
MAIL ADDRESS:
STREET 1: 199 BENSON ROAD
CITY: MIDDLEBURY
STATE: CT
ZIP: 06749
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2015-02-27
0
0001091862
Chemtura CORP
CHMT
0001454769
Flaherty Billie S.
199 BENSON ROAD
MIDDLEBURY
CT
06749
0
1
0
0
EVP, Gnrl. Counsel & Secretary
Common Stock
2015-02-27
4
S
0
7005
26.15
D
75794
D
Common Stock
2015-02-27
4
M
0
19451
16.03
A
95245
D
Common Stock
2015-02-27
4
S
0
19451
26.17
D
75794
D
Common Stock
2015-03-01
4
A
0
10476
0.00
A
86270
D
Common Stock
2015-03-01
4
F
0
5823
26.25
D
80447
D
Employee Stock Option (right to buy)
16.03
2015-02-27
4
M
0
19451
0.00
D
2021-03-10
Common Stock
19451
10168
D
Performance Shares
2015-03-01
4
A
0
10476
0.00
A
2018-03-01
Common Stock
10476
10476
D
The option exercise and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.04 to $26.26, inclusive. The reporting person undertakes to provide Chemtura Corporation, any security holder of Chemtura Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within.
Grant of restricted stock units. The restricted stock units vest in three equal installments: March 1, 2016; March 1, 2017; and March 1, 2018.
This option, which initially represented a right to purchase a total of 57,975 shares (8,905 and 19,451 of which were purchased on August 4, 2014 and December 16, 2014, respectively), became exercisable in three equal installments on March 10, 2011; March 31, 2012; and March 31, 2013.
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 US Chemical Index and could equal 200% of the target amount. The performance shares will settle as soon as practicable after December 31, 2017 but no later than March 1, 2018.
/s/ Alan Schutzman by Power of Attorney
2015-03-03