Erica McLaughlin - Aug 27, 2024 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
Aug 27, 2024
Transactions value $
-$886,290
Form type
4
Date filed
8/28/2024, 05:00 PM
Previous filing
Aug 12, 2024
Next filing
Sep 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBT Common Stock Options Exercise $234K +4.68K +7.82% $50.00 64.5K Aug 27, 2024 Direct
transaction CBT Common Stock Sale -$489K -4.68K -7.25% $104.49 59.8K Aug 27, 2024 Direct
transaction CBT Common Stock Options Exercise $588K +11.7K +19.58% $50.23 71.5K Aug 27, 2024 Direct
transaction CBT Common Stock Sale -$1.22M -11.7K -16.38% $104.14 59.8K Aug 27, 2024 Direct F1
holding CBT Common Stock 1.61 Aug 27, 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 -4.68K -100% $0.00 0 Aug 27, 2024 Common Stock 4.68K $50.00 Direct F2
transaction CBT Employee Stock Option (Right to Buy) Options Exercise $0 -11.7K -100% $0.00 0 Aug 27, 2024 Common Stock 11.7K $50.23 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 $104.120 to $104.510, 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 23,710 shares were subject to the option. The option vested over a three year period as follows: 30% on November 9, 2019, 30% on November 9, 2020 and 40% on November 9, 2021.
F3 27,036 shares were subject to the option. The option vested over a three year period as follows: 30% on November 8, 2020, 30% on November 8, 2021 and 40% on November 8, 2022.