Jean S. Blackwell - Mar 5, 2024 Form 4 Insider Report for Celanese Corp (CE)

Role
Director
Signature
/s/ Adam R. Santosuosso, Attorney-in-Fact for Jean S. Blackwell
Stock symbol
CE
Transactions as of
Mar 5, 2024
Transactions value $
$6,326
Form type
4
Date filed
3/7/2024, 04:37 PM
Previous filing
Nov 15, 2023
Next filing
Mar 11, 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 $6.33K +41.7 +0.46% $151.61 9.08K Mar 5, 2024 Common Stock 41.7 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 or the cash value of one share of Common Stock.
F2 The reported phantom stock represents dividend equivalents on cash compensation and restricted stock units deferred under the Company's 2008 Deferred Compensation Plan (the "Plan"). As provided by the Plan, the reporting person may transfer a portion of the phantom stock account into an alternative investment account at any time. The shares of phantom stock become payable in cash or shares of Common Stock, subject to certain conditions and as provided in the Plan, on the earlier of the date previously elected by the reporting person to receive payment or upon termination of the reporting person's service as a director of the Company.