Hobart Kalkstein - Nov 8, 2024 Form 4 Insider Report for CABOT CORP (CBT)

Signature
By: Jennifer Lombardi, pursuant to a power of attorney from Hobart C. Kalkstein
Stock symbol
CBT
Transactions as of
Nov 8, 2024
Transactions value $
-$2,935,232
Form type
4
Date filed
11/13/2024, 05:00 PM
Previous filing
Oct 2, 2024
Next filing
Nov 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBT Common Stock Award $0 +3.13K +5.07% $0.00 64.8K Nov 8, 2024 Direct
transaction CBT Common Stock Sale -$1.64M -14.2K -21.89% $115.54 50.6K Nov 11, 2024 Direct F1
transaction CBT Common Stock Options Exercise $710K +12.2K +24.05% $58.27 62.8K Nov 11, 2024 Direct
transaction CBT Common Stock Sale -$1.4M -12.2K -19.39% $115.00 50.6K Nov 11, 2024 Direct F2
transaction CBT Common Stock Options Exercise $620K +8.39K +16.57% $73.84 59K Nov 11, 2024 Direct
transaction CBT Common Stock Sale -$965K -8.39K -14.22% $115.02 50.6K Nov 11, 2024 Direct F3
transaction CBT Common Stock Tax liability -$259K -2.3K -4.55% $112.54 48.3K Nov 12, 2024 Direct
holding CBT Common Stock 7.16K Nov 8, 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) Award $0 +9.34K $0.00 9.34K Nov 8, 2024 Common Stock 9.34K $114.99 Direct F4
transaction CBT Employee Stock Option (Right to Buy) Options Exercise $0 -12.2K -60% $0.00 8.12K Nov 11, 2024 Common Stock 12.2K $58.27 Direct F5
transaction CBT Employee Stock Option (Right to Buy) Options Exercise $0 -8.39K -60% $0.00 5.59K Nov 11, 2024 Common Stock 8.39K $73.84 Direct F6
* 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 $115.500 to $115.595, 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 $115.000 to $115.040, 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 The price reported is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $115.000 to $115.325, 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.
F4 The option vests over a three year period as follows: 30% on November 8, 2025, 30% on November 8, 2026 and 40% on November 8, 2027.
F5 20,297 shares were subject to the option. The option vested over a three year period as follows: 30% on November 12, 2022, 30% on November 12, 2023 and 40% on November 12, 2024.
F6 13,984 shares were subject to the option. The option vested over a three year period as follows: 30% on November 11, 2023, 30% on November 11, 2024 and 40% on November 11, 2025.