William M. Brown - 03 May 2023 Form 4 Insider Report for Celanese Corp (CE)

Role: Director
Signature: /s/ Adam R. Santosuosso, Attorney-in-Fact for William M. Brown
Issuer symbol: CE
Transactions as of: 03 May 2023
Net transactions value: $0
Form type: 4
Filing time: 05 May 2023, 16:31:48 UTC
Previous filing: 27 Apr 2023
Next filing: 21 Jul 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CE	Common Stock	Disposed to Issuer		-1,098	-91%		103	03 May 2023	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	+1,098	+9.7%	$0.000000	12,407	03 May 2023	Common Stock	1,098		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	Upon vesting of 1,098 Restricted Stock Units granted to the reporting person on May 3, 2022, the reporting person deferred the receipt of 1,098 shares of Common Stock and received instead 1,098 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 1,098 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.