Paul W. Graves - Jan 4, 2024 Form 4 Insider Report for Livent Corp. (LTHM)

Role
President and CEO, Director
Signature
/s/ Sara Ponessa, as Attorney-in-Fact
Stock symbol
LTHM
Transactions as of
Jan 4, 2024
Transactions value $
$0
Form type
4
Date filed
1/8/2024, 04:10 PM
Previous filing
Dec 27, 2023
Next filing
Feb 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LTHM Common Stock Disposed to Issuer -356K -100% 0 Jan 4, 2024 Direct F1
transaction LTHM Common Stock Disposed to Issuer -97.8K -100% 0 Jan 4, 2024 by Savings Plan F2

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 LTHM Stock Option (Right to Buy) Disposed to Issuer -59.7K -100% 0 Jan 4, 2024 Common Stock 59.7K $23.33 Direct F3
transaction LTHM Stock Option (Right to Buy) Disposed to Issuer -60.6K -100% 0 Jan 4, 2024 Common Stock 60.6K $21.01 Direct F3
transaction LTHM Stock Option (Right to Buy) Disposed to Issuer -201K -100% 0 Jan 4, 2024 Common Stock 201K $20.35 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Paul W. Graves is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents the conversion of common stock and restricted stock units ("Livent RSUs") with respect to shares of common stock of Livent Corporation ("Livent"), par value $0.001 per share ("Livent Common Stock"), held by the reporting person as of January 4, 2024, into ordinary shares and restricted stock units with respect to ordinary shares of Arcadium Lithium plc ("Arcadium"), par value $1.00 per share ("Arcadium Ordinary Shares"), in accordance with the terms of the Transaction Agreement, dated as of May 10, 2023, by and between Livent, Allkem Limited ("Allkem"), Lightning-A Merger Sub, Inc. and Arcadium, providing for a combination of Livent and Allkem in a merger of equals transaction.
F2 Represents the conversion of common stock held by the Livent Nonqualified Savings Plan (the "Livent NQ Savings Plan") into Arcadium Ordinary Shares held by such Livent NQ Savings Plan, upon the assumption by Arcadium of the obligations of Livent under the Livent NQ Savings Plan in connection with the merger of equals transaction.
F3 Represents the conversion of stock options to purchase Livent Common Stock ("Livent Options") into stock options to purchase Arcadium Ordinary Shares ("Arcadium Options"), in accordance with the terms of the Transaction Agreement, in connection with the merger of equals transaction.