-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Hm28Ve7HDvuFus/H31e46UUTjkVXmM/4MPkmX7B1L/kacQQafHvA57hx4XT6eXAo C5xqi07sncEKakUQK1n8Cg== 0000769993-98-000097.txt : 19980511 0000769993-98-000097.hdr.sgml : 19980511 ACCESSION NUMBER: 0000769993-98-000097 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980430 FILED AS OF DATE: 19980508 SROS: BSE SROS: CSX SROS: NYSE SROS: PHLX SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WITCO CORP CENTRAL INDEX KEY: 0000107889 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] IRS NUMBER: 131870000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 001-04654 FILM NUMBER: 98613640 BUSINESS ADDRESS: STREET 1: ONE AMERICAN WAY CITY: GREENWICH STATE: CT ZIP: 06831 BUSINESS PHONE: 2035522000 MAIL ADDRESS: STREET 1: ONE AMERICAN LANE CITY: GREENWICH STATE: CT ZIP: 06831 FORMER COMPANY: FORMER CONFORMED NAME: WITCO CHEMICAL CORP DATE OF NAME CHANGE: 19851117 FORMER COMPANY: FORMER CONFORMED NAME: WITCO CHEMICAL CO INC DATE OF NAME CHANGE: 19681203 COMPANY DATA: COMPANY CONFORMED NAME: HAYDEN RICHARD M CENTRAL INDEX KEY: 0001029612 STANDARD INDUSTRIAL CLASSIFICATION: [] DIRECTOR FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 85 BROAD STREET CITY: NEW YORK STATE: NY ZIP: 10004 BUSINESS PHONE: 2129027202 MAIL ADDRESS: STREET 1: 85 BROAD STREET CITY: NEW YORK STATE: NY ZIP: 10004 4 1 FORM 4 - 04/30/1998 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person Hayden, Richard M. c/o Goldman, Sachs & Co. 85 Broad Street New York, NY 10004 2. Issuer Name and Ticker or Trading Symbol Witco Corporation WIT 3. IRS Identification Number of Reporting Person, if any entity (Voluntary) 4. Statement for Month/Year 04/30/1998 5. If Amendment, Date of Original (Month/Year) 6.Relationship of Reporting Person(s) to Issuer (Check all applicable) (X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other (specify below) 7. 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 |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Direct|7.Nature of Indirect | | Transaction | or Disposed of (D) | Securities | (D) | Beneficial Ownership | | | | | Beneficially | or | | | | | | | A/| | Owned at |Indirect| | | Date |Code|V| Amount | D | Price | End of Month | (I) | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | Common Stock | | | | | | | 3,001 | D | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | Common Stock |4/14/98 |P | | 728 |A |$39.487 | | I | 01 | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | Common Stock |4/14/98 |S | | 728 |D |$39.50 | | I | 01 | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | Common Stock |4/16/98 |P | | 792 |A |$39.6745 | | I | 01 | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | Common Stock |4/16/98 |S | | 792 |D |$39.6875 | | I | 01 | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | Common Stock |4/28/98 |P | | 738 |A |$38.989 | | I | 01 | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | Common Stock |4/28/98 |S | | 738 |D |$39.00 | -0- | I | 01 | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| 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). - -----------------------------------------------------------------------------------------------------------------------------------| Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned | - -----------------------------------------------------------------------------------------------------------------------------------| 1.Title of |2.Con- |3. |4. |5.Number of De |6.Date Exer |7.Title and Amount|8.Price|9.Number |10.|11.Nature of| Derivative |version | Transaction | rivative Secu | cisable and | of Underlying |of Deri|of Deriva |Dir|Indirect | Security |or Exer | | | rities Acqui | Expiration | Securities |vative |tive |ect|Beneficial | |cise | | | red(A)or Dis | Date(Month/ | |Secu |Securities |(D)|Ownership | |Price of| | | posed of(D) | Day/Year) | |rity |Benefi |or | | |Deriva- | | | |Date |Expir | | |ficially |Ind| | |tive | | | | A/ |Exer- |ation | Title and Number| |Owned at |ire| | |Secu- | | | | | D |cisa- |Date | of Shares | |End of |ct | | |rity |Date |Code|V| Amount | |ble | | | |Month |(I)| | - -----------------------------------------------------------------------------------------------------------------------------------| Phantom | | | | | | | | | |7,022| | | | | Stock |1-for-1 | | | | | | 02 | 02 |Common Stock|.72 | | 7,022.72 | D | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | - 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Explanation of Responses: 01: The Reporting Person is a managing director of Goldman Sachs International, an affiliate of The Goldman Sachs Group, L.P. ("GS Group"). GS Group is the general partner of and owns a 99% interest in Goldman, Sachs & Co. ("Goldman Sachs"). The securities reported herein as indirectly purchased and sold were purchased and sold by Goldman Sachs as part of baskets which did not meet the requirements for exemption as outlined by the Securities and Exchange Commission and may be deemed to have been beneficially owned directly by Goldman Sachs. Without admitting any legal obligation, Goldman Sachs will remit appropriate profits, if any, to the Company. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. 02: These phantom stock shares were accrued under the Witco Corporation Directors' Deferred Compensation Plan and are to be settled in a lump sum cash payment upon the Reporting Person's retirement from the Issuer's Board of Directors. SIGNATURE OF REPORTING PERSON By: s/ Hans L. Reich Attorney-in-fact DATE May 8, 1998 ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. ee 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. Alternatively, this Form is permitted to be submitted to the Commission in electronic format at the option of the reporting person pursuant to rule 101(b) (4) of Regulation S-T. -----END PRIVACY-ENHANCED MESSAGE-----