Erica McLaughlin - Dec 14, 2023 Form 4 Insider Report for CABOT CORP (CBT)

Role
Executive Vice President, CFO
Signature
By: Jennifer Lombardi, pursuant to a power of attorney from Erica McLaughlin
Stock symbol
CBT
Transactions as of
Dec 14, 2023
Transactions value $
-$1,474,455
Form type
4
Date filed
12/18/2023, 04:30 PM
Previous filing
Dec 12, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBT Common Stock Options Exercise $1.48M +36.1K +60.39% $40.97 95.9K Dec 14, 2023 Direct
transaction CBT Common Stock Sale -$2.94M -36K -37.53% $81.79 59.9K Dec 14, 2023 Direct F1
transaction CBT Common Stock Sale -$9.25K -112 -0.19% $82.61 59.8K Dec 14, 2023 Direct F2
holding CBT Common Stock 1.59 Dec 14, 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 -36.1K -100% $0.00* 0 Dec 14, 2023 Common Stock 36.1K $40.97 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $81.445 to $82.435, 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.
F2 The price reported is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $82.500 to $82.620, 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 36,119 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.