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

Role
SVP and General Counsel
Signature
By: Jennifer Lombardi, pursuant to a power of attorney from Karen A. Kalita
Issuer symbol
CBT
Transactions as of
20 Nov 2023
Net transactions value
-$1,212,718
Form type
4
Filing time
22 Nov 2023, 16:00:18 UTC
Previous filing
14 Nov 2023
Next filing
27 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBT Common Stock Award $0 +4,981 +14% $0.000000 40,069 20 Nov 2023 Direct F1
transaction CBT Common Stock Tax liability $381,817 -4,902 -12% $77.89 35,167 20 Nov 2023 Direct
transaction CBT Common Stock Options Exercise $924,857 +22,574 +64% $40.97 57,741 21 Nov 2023 Direct
transaction CBT Common Stock Sale $1,755,758 -22,574 -39% $77.78 35,167 21 Nov 2023 Direct F2
holding CBT Common Stock 572 20 Nov 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 -22,574 -100% $0.000000* 0 21 Nov 2023 Common Stock 22,574 $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.