UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
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. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Non-Qualified Stock Option (right to buy) | Â (1) | 05/16/2016 | Series A Common Stock | 15,000 | $ 21.02 | D | Â |
Non-Qualified Stock Option (right to buy) | Â (2) | 04/23/2019 | Series A Common Stock | 40,000 | $ 44.81 | D | Â |
Restricted Stock Units | Â (3) | Â (3) | Series A Common Stock | 35,000 | $ 0 | D | Â |
Dividend Equivalent Right (4) | Â (5) | Â (5) | Series A Common Stock | 32 | $ 0 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Jensen Christopher W C/O CELANESE CORPORATION 1601 W. LBJ FREEWAY DALLAS, TX 75234 |
 |  |  VP, Finance and Treasurer |  |
Alexander M Ludlow, Attorney-in-Fact for Christopher W. Jensen | 05/09/2008 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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). |
(1) | Granted pursuant to the Company's 2004 Stock Incentive Plan. The option shares will vest, subject to continued employment, with respect to 5,000 of the option shares on each of January 1, 2009, January 1, 2010, and January 1, 2011. |
(2) | Granted pursuant to the Company's 2004 Stock Incentive Plan. The option shares will vest, subject to continued employment, with respect to 50% of the option shares on each of October 1, 2010 and October 3, 2011. |
(3) | Each Restricted Stock Unit represents a contingent right to receive one share of Series A Common Stock. The Restricted Stock Units will vest, subject to continued employment, with respect to 50% of the Restricted Stock Units on each of October 1, 2010 and October 3, 2011. |
(4) | Each Dividend Equivalent Right represents the right to receive one share of Series A Common Stock. |
(5) | The Dividend Equivalent Rights accrued on 35,000 Restricted Stock Units granted to the reporting person on April 23, 2008 and will vest concurrently with, and in proportion to, such Restricted Stock Units. |
 Remarks: Exhibit 24.1 Power of Attorney |