William M. Brown - 22 Jan 2024 Form 4 Insider Report for Celanese Corp (CE)

Role
Director
Signature
/s/ Adam R. Santosuosso, Attorney-in-Fact for William M. Brown
Issuer symbol
CE
Transactions as of
22 Jan 2024
Net transactions value
+$10,000
Form type
4
Filing time
23 Jan 2024, 16:16:28 UTC
Previous filing
15 Nov 2023
Next filing
25 Jan 2024
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CE Phantom Stock Award $10,000 +69 +0.54% $145.28 12,933 22 Jan 2024 Common Stock 69 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.