Hobart Kalkstein - 15 May 2024 Form 4 Insider Report for CABOT CORP (CBT)

Signature
By: Jennifer Lombardi, pursuant to a power of attorney from Hobart C. Kalkstein
Issuer symbol
CBT
Transactions as of
15 May 2024
Net transactions value
-$738,556
Form type
4
Filing time
17 May 2024, 16:30:32 UTC
Previous filing
11 Mar 2024
Next filing
18 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBT Common Stock Options Exercise $7,661 +187 +0.3% $40.97 61,875 15 May 2024 Direct
transaction CBT Common Stock Sale $19,261 -187 -0.3% $103.00 61,688 15 May 2024 Direct
transaction CBT Common Stock Options Exercise $491,640 +12,000 +19% $40.97 73,688 16 May 2024 Direct
transaction CBT Common Stock Sale $1,218,596 -12,000 -16% $101.55 61,688 16 May 2024 Direct F1
holding CBT Common Stock 7,107 15 May 2024 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 -187 -0.58% $0.000000 32,320 15 May 2024 Common Stock 187 $40.97 Direct F2
transaction CBT Employee Stock Option (Right to Buy) Options Exercise $0 -12,000 -37% $0.000000 20,320 16 May 2024 Common Stock 12,000 $40.97 Direct F2
* 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 $101.300 to $101.740, 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 32,507 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.