Jay V. Ihlenfeld - Nov 13, 2023 Form 4 Insider Report for Celanese Corp (CE)

Role
Director
Signature
/s/ Adam R. Santosuosso, Attorney-in-Fact for Jay V. Ihlenfeld
Stock symbol
CE
Transactions as of
Nov 13, 2023
Transactions value $
$6,936
Form type
4
Date filed
11/15/2023, 04:16 PM
Previous filing
Aug 15, 2023
Next filing
Mar 7, 2024

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 CE Phantom Stock Award $6.94K +58.9 +0.59% $117.85 9.97K Nov 13, 2023 Common Stock 58.9 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock represents the right to receive one share of Common Stock.
F2 The reported phantom stock represents dividend equivalents on compensation deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). The shares of phantom stock become payable in shares of Common Stock, as provided in the Plan, following the termination of the reporting person's service as a director of the Company.