Kim K.W. Rucker - May 3, 2022 Form 4 Insider Report for Celanese Corp (CE)

Role
Director
Signature
/s/ Adam R. Santosuosso, Attorney-in-Fact for Kim K.W. Rucker
Stock symbol
CE
Transactions as of
May 3, 2022
Transactions value $
$159,957
Form type
4
Date filed
5/5/2022, 04:58 PM
Previous filing
Apr 27, 2022
Next filing
May 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CE Common Stock Award $160K +1.1K +1960.71% $145.68 1.15K May 3, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Annual grant of restricted stock units pursuant to the Company's 2018 Global Incentive Plan. The restricted stock units vest in full on the one-year anniversary of the date of the grant. The reporting person has elected that upon vesting of the restricted stock units, receipt of the shares of Common Stock be deferred under the Company's 2008 Deferred Compensation Plan; accordingly, upon vesting, the reporting person will instead receive an equal number of shares of phantom stock. As provided in the Company's 2008 Deferred Compensation Plan, the phantom stock becomes payable in shares of Common Stock upon the earlier of the date previously elected by the reporting person to receive payment or the termination of the reporting person's service as a director of the Company.