UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Employee Stock Option (right to buy) | Â (2) | 11/01/2022 | Common Stock | 3,734 | $ 16.03 | D | Â |
Employee Stock Option (right to buy) | Â (3) | 03/01/2023 | Common Stock | 6,778 | $ 20.5 | D | Â |
Performance Shares | Â (4) | 03/01/2016 | Common Stock | 2,707 | $ (4) | D | Â |
Performance Shares | Â (5) | 03/01/2017 | Common Stock | 6,061 | $ (5) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
MEDLEY SIMON D. 199 BENSON ROAD MIDDLEBURY, CT 06749 |
 |  |  See Remarks |  |
/s/ Alan Schutzman by Power of Attorney | 02/27/2015 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Includes 9,368 restricted stock units, which vest as follows: 2,020 on each of March 1, 2015 and March 1, 2016; 2,021 on March 1, 2017; 1,203 on March 1, 2015; 1,204 on March 1, 2016; and 900 on November 11, 2015. |
(2) | Grant of stock options. As of February 20, 2015, 2,489 stock options have vested. The remaining stock options vest on November 1, 2015. |
(3) | Grant of stock options. As of February 20, 2015, 2,259 stock options have vested. The remaining stock options vest in two equal installments: March 1, 2015 and March 1, 2016. |
(4) | Grant of performance shares. Each performance share represents a contingent right to receive between 0 and 2 shares of Chemtura Corporation common stock. The number of shares reported represents the target amount. The actual number of shares to be delivered will be based on Chemtura Corporation's total shareholder return over the three-year vesting period relative to all companies in the Dow Jones Chemical Index and could equal 200% of the target amount. The performance shares will settle as soon as practicable after December 31, 2015, but no later than March 1, 2016. |
(5) | Grant of performance shares. Each performance share represents a contingent right to receive between 0 and 2 shares of Chemtura Corporation common stock. The number of shares reported represents the target amount. The actual number of shares to be delivered will be based on Chemtura Corporation's total shareholder return over the three-year vesting period relative to all companies in the Dow Jones Chemical Index and could equal 200% of the target amount. The performance shares will settle as soon as practicable after December 31, 2016, but no later than March 1, 2017. |
 Remarks: EVP, Industrial Performance Products & Great Lakes Solutions Exhibit Index: Exhibit 24.1 - Power of Attorney. |