Karen A. Kalita - Nov 20, 2023 Form 4 Insider Report for CABOT CORP (CBT)

Signature
By: Jennifer Lombardi, pursuant to a power of attorney from Karen A. Kalita
Stock symbol
CBT
Transactions as of
Nov 20, 2023
Transactions value $
-$1,212,718
Form type
4
Date filed
11/22/2023, 04:00 PM
Previous filing
Nov 14, 2023
Next filing
Nov 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBT Common Stock Award $0 +4.98K +14.2% $0.00 40.1K Nov 20, 2023 Direct F1
transaction CBT Common Stock Tax liability -$382K -4.9K -12.23% $77.89 35.2K Nov 20, 2023 Direct
transaction CBT Common Stock Options Exercise $925K +22.6K +64.19% $40.97 57.7K Nov 21, 2023 Direct
transaction CBT Common Stock Sale -$1.76M -22.6K -39.1% $77.78 35.2K Nov 21, 2023 Direct F2
holding CBT Common Stock 572 Nov 20, 2023 Through the Trustee for the Corporation's 401(k) Plan

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 CBT Employee Stock Option (Right to Buy) Options Exercise $0 -22.6K -100% $0.00* 0 Nov 21, 2023 Common Stock 22.6K $40.97 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of performance based units earned on the basis of the Corporation's performance in fiscal year 2023, of which 1,421 remain subject to time-based vesting.
F2 The price reported is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $77.760 to $77.950, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, the Corporation or any security holder of the Corporation, upon request, full information regarding the number of shares sold at each separate price.
F3 22,574 shares were subject to the option. The option vested over a three year period as follows: 30% on November 13, 2021, 30% on November 13, 2022 and 40% on November 13, 2023.