ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

CYT

75.17
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
NYSE:CYT NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 75.17 0.00 01:00:00

Statement of Changes in Beneficial Ownership (4)

11/12/2015 7:36pm

Edgar (US Regulatory)


FORM 4
[ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

FERGUSON RICHARD T
2. Issuer Name and Ticker or Trading Symbol

CYTEC INDUSTRIES INC/DE/ [ CYT ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Vice President, Taxes
(Last)          (First)          (Middle)

FIVE GARRET MOUNTAIN PLAZA
3. Date of Earliest Transaction (MM/DD/YYYY)

11/30/2015
(Street)

WOODLAND PARK, NJ 07424
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   12/9/2015     D    4715.0000   (1) D $75.2500   (2) 0.0000   D    
Common Stock   12/9/2015     D    1300.0000   D $75.2500   (2) 0.0000   I   Individual Retirement Account  
Common Stock   11/30/2015   (3)   A    278.0000   A $0.0000   (3) 578.0000   I   Savings Plan  
Common Stock   12/9/2015     D    578.0000   D $75.2500   (2) 0.0000   I   Savings Plan  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option Right to buy   $44.5400   12/9/2015     D         5794.0000      (4) 1/25/2025   (4) Common Stock   5794.0000   $30.7100   (4) 0.0000   D    
Option Right to buy   $44.1350   12/9/2015     D         7548.0000      (4) 1/28/2024   (4) Common Stock   7548.0000   $31.1150   (4) 0.0000   D    
Option Right to buy   $36.5350   12/9/2015     D         8754.0000      (4) 1/29/2023   (4) Common Stock   8754.0000   $38.7150   (4) 0.0000   D    
Restricted Stock Unit   $0.0000   12/9/2015     D         645.0000    1/26/2018   (5)   (5) Common Stock   645.0000   $75.2500   (5) 0.0000   D    
Restricted Stock Unit 2013   $0.0000   12/9/2015     D         1092.0000      (5)   (5) Common Stock   1092.0000   $75.2500   (5) 0.0000   D    
Restricted Stock Unit 2014   $0.0000   12/9/2015     D         950.0000      (5)   (5) Common Stock   950.0000   $75.2500   (5) 0.0000   D    

Explanation of Responses:
( 1)  Shares are jointly owned with spouse.
( 2)  Pursuant to the Agreement and Plan of Merger by and among Cytec Industries Inc., Solvay SA and Tulip Acquisition Inc. dated as of July 28, 2015 (as amended, the "Merger Agreement"), each of these shares was cancelled at the effective time of the merger and converted into the right to receive $75.25 in cash , less any applicable tax withholding.
( 3)  Number of shares allocated to employee's account under the Cytec Employees' Saving Plan by reason of employee and employer contributions, employee transfers and dividend reinvestments made during the period of January 1-November 30, 2015. Per share prices range from $42.99 (low) to $74.87 (high).
( 4)  Pursuant to the Merger Agreement, each outstanding and unexercised option or stock appreciation right ("SAR"), as applicable, whether vested or unvested, was cancelled at the effective time of the merger in exchange for cash equal to the product obtained by multiplying (a) the number of shares underlying such option or SAR, as applicable, by (b) the excess, if any, of the per share value of the merger consideration of $75.25 over the per share exercise price of the option or SAR, as applicable, less any applicable tax withholding.
( 5)  Pursuant to the Merger Agreement, each outstanding restricted stock unit ("RSU"), was cancelled at the effective time of the merger and converted into the right to receive an amount in cash equal to the product obtained by multiplying (a) the number of shares of underlying such RSU, by (b) the merger consideration of $75.25, less any applicable tax withholding payable without interest on the scheduled vesting date of the RSU, or earlier in some circumstances.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
FERGUSON RICHARD T
FIVE GARRET MOUNTAIN PLAZA
WOODLAND PARK, NJ 07424


Vice President, Taxes

Signatures
Thomas Irwin, Attorney in Fact 12/11/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Year Cytec Chart

1 Year Cytec Chart

1 Month Cytec Chart

1 Month Cytec Chart