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Form 4 CYTEC INDUSTRIES INC/DE/ For: Nov 30 Filed by: FLEMING SHANE D

December 11, 2015 2:36 PM EST
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
FLEMING SHANE D

(Last) (First) (Middle)
FIVE GARRET MOUNTAIN PLAZA

(Street)
WOODLAND PARK NJ 07424

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CYTEC INDUSTRIES INC/DE/ [ CYT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman,President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
11/30/2015
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 12/09/2015   D   34,544 D $ 75.25 (1) 0 D  
Common Stock 11/30/2015 (2)   A   526 A $ 0 (2) 51,623 I Savings Plan
Common Stock 12/09/2015   D   51,623 D $ 75.25 (1) 0 I Savings Plan
Common Stock 11/30/2015 (3)   J (3)   169 D $ 0 (3) 49,239 I Supplemental Savings Plan
Common Stock 12/09/2015   D   49,239 D $ 75.25 (1) 0 I Supplemental Savings Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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 (Month/Day/Year) 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: 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
Deferred Stock Award (4) 12/09/2015   D     160,100.008   (4)   (4) Common Stock 160,100.008 $ 75.25 (4) 0 D  
Option Right to buy $ 25.745 12/09/2015   D     124,060   (5) 01/25/2021 (5) Common Stock 124,060 $ 49.505 (5) 0 D  
Option Right to buy $ 44.54 12/09/2015   D     83,624   (5) 01/25/2025 (5) Common Stock 83,624 $ 30.71 (5) 0 D  
Option Right to buy $ 18.795 12/09/2015   D     164,300   (5) 01/27/2020 (5) Common Stock 164,300 $ 56.455 (5) 0 D  
Option Right to buy $ 11.225 12/09/2015   D     90,000   (5) 01/28/2019 (5) Common Stock 90,000 $ 64.025 (5) 0 D  
Option Right to buy $ 44.135 12/09/2015   D     70,328   (5) 01/28/2024 (5) Common Stock 70,328 $ 31.115 (5) 0 D  
Option Right to buy $ 25.165 12/09/2015   D     99,590   (5) 01/29/2022 (5) Common Stock 99,590 $ 50.085 (5) 0 D  
Option Right to buy $ 36.535 12/09/2015   D     84,718   (5) 01/29/2023 (5) Common Stock 84,718 $ 38.715 (5) 0 D  
Restricted Stock Unit $ 0 12/09/2015   D     11,617 01/26/2018 (6)   (6) Common Stock 11,617 $ 75.25 (6) 0 D  
Restricted Stock Unit $ 0 12/09/2015   D     11,456 01/29/2017 (6)   (6) Common Stock 11,456 $ 75.25 (6) 0 D  
Restricted Stock Unit $ 0 12/09/2015   D     13,622 01/30/2016 (6)   (6) Common Stock 13,622 $ 75.25 (6) 0 D  
Stock Appreciation Right $ 26.24 12/09/2015   D     50,000   (5) 01/28/2018 (5) Common Stock 50,000 $ 49.01 (5) 0 D  
Stock Appreciation Right $ 29.11 12/09/2015   D     40,000   (5) 01/30/2017 (5) Common Stock 40,000 $ 46.14 (5) 0 D  
Stock Appreciation Right $ 27.55 12/09/2015   D     22,500   (5) 06/26/2018 (5) Common Stock 22,500 $ 47.7 (5) 0 D  
Explanation of Responses:
1. 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.
2. 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).
3. Net decrease in number of shares allocated to employee's account under the Cytec Supplemental Savings 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 right to receive shares of our common stock on a deferred basis ("Deferred Stock Award"), was cancelled and converted into a right to receive an amount in cash equal to the product obtained by multiplying (a) the number of shares underlying the Deferred Stock Award, by (b) the merger consideration of $75.25, less any applicable tax withholding payable at various times in the future depending on the recipient's previous deferral elections, but not before July 1, 2016.
5. 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.
6. 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.
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 Number.


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