Hobart Kalkstein - 16 Feb 2022 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
16 Feb 2022
Net transactions value
+$323,693
Form type
4
Filing time
17 Feb 2022, 11:54:53 UTC
Previous filing
15 Feb 2022
Next filing
15 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBT Common Stock Options Exercise $595,680 +11,805 +22% $50.46 64,590 16 Feb 2022 Direct
transaction CBT Common Stock Sale $867,668 -11,805 -18% $73.50 52,785 16 Feb 2022 Direct F1
holding CBT Common Stock 6,801 16 Feb 2022 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 Stock Options Options Exercise $595,680 +11,805 $50.46 0 16 Feb 2022 Cabot Corp 11,805 $50.46 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 $73.50 to $73.55, 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 18,558 shares were subject to the option. The option vested over a three year period as follows: 30% on November 11, 2017, 30% on November 11, 2018 and 40% on November 11, 2019.