Celanese CAO granted new stock awards
McGilvray Aaron M reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
McGilvray Aaron M reported acquisition or exercise transactions in this Form 4 filing.
Celanese Corp Chief Accounting Officer Aaron M. McGilvray received new equity awards. He was granted nonqualified stock options for 2,355 shares and time-based restricted stock units covering 1,687 shares of common stock at no cost.
The RSUs vest 33% on February 15, 2027 and 2028, and 34% on February 15, 2029, if employment continues. The options vest in three annual installments of 33%, 33%, and 34% beginning February 15, 2027. He also reports indirect holdings through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Nonqualified Stock Option (right to buy) | 2,355 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,687 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Time-based restricted stock units ("RSUs") granted pursuant to the Company's Amended and Restated 2018 Global Incentive Plan (the "Plan"). Each RSU represents the right to receive one share of Common Stock. The RSUs will vest, subject to continued employment, with respect to 33% of the RSUs on each of February 15, 2027 and February 15, 2028, and with respect to 34% of the RSUs on February 15, 2029.
- F2. Time-based employee stock options granted under the Plan.
- F3. The options vest and become exercisable, subject to continued employment, in three annual installments of 33%, 33% and 34% beginning February 15, 2027.
FAQ
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What insider transactions did Celanese (CE) report for Aaron M. McGilvray?
How do Aaron McGilvray’s new Celanese (CE) RSUs vest over time?
What are the terms of Aaron McGilvray’s new Celanese (CE) stock options?
Are Aaron McGilvray’s recent Celanese (CE) equity awards open-market buys?
What is the purpose of Celanese’s 2018 Global Incentive Plan for insiders like Aaron McGilvray?
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