William M. Brown - May 12, 2024 Form 4 Insider Report for Celanese Corp (CE)

Role: Director
Signature: /s/ Adam R. Santosuosso, Attorney-in-Fact for William M. Brown
Stock symbol: CE
Transactions as of: May 12, 2024
Transactions value $: $9,095
Form type: 4
Date filed: 5/14/2024, 05:18 PM
Previous filing: May 6, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CE	Common Stock	Disposed to Issuer		-1.78K	-94.52%		103	May 12, 2024	Direct	F1

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	$0	+1.78K	+13.68%	$0.00	14.8K	May 12, 2024	Common Stock	1.78K		Direct	F2, F3
transaction	CE	Phantom Stock	Award	$9.09K	+56.8	+0.38%	$160.24	14.8K	May 13, 2024	Common Stock	56.8		Direct	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Upon vesting of 1,777 Restricted Stock Units granted to the reporting person on May 12, 2023, the reporting person deferred the receipt of 1,777 shares of Common Stock and received instead 1,777 shares of phantom stock pursuant to the Company's 2008 Deferred Compensation Plan (the "Plan"). As a result, the reporting person is reporting the disposition of 1,777 shares of Common Stock in exchange for an equal number of shares of phantom stock.
F2	Each share of phantom stock represents the right to receive one share of Common Stock.
F3	As provided in the Plan, the reported phantom stock becomes payable in shares of Common Stock upon termination of the reporting person's service as a director of the Company subject to certain restrictions and limitations.
F4	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.
F5	The reported phantom stock represents dividend equivalents on cash compensation and restricted stock units deferred under 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.