0001225208-15-001158.txt : 20150109 0001225208-15-001158.hdr.sgml : 20150109 20150109155830 ACCESSION NUMBER: 0001225208-15-001158 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150101 FILED AS OF DATE: 20150109 DATE AS OF CHANGE: 20150109 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DOW CHEMICAL CO /DE/ CENTRAL INDEX KEY: 0000029915 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821] IRS NUMBER: 381285128 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2030 DOW CENTER CITY: MIDLAND STATE: MI ZIP: 48674-2030 BUSINESS PHONE: 989-636-1000 MAIL ADDRESS: STREET 1: 2030 DOW CENTER CITY: MIDLAND STATE: MI ZIP: 48674-2030 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MILCHOVICH RAYMOND J CENTRAL INDEX KEY: 0001221441 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-03433 FILM NUMBER: 15518986 MAIL ADDRESS: STREET 1: C/O FOSTER WHEELER LTD STREET 2: PERRYVILLE CORP PARK CITY: CLINTON STATE: NJ ZIP: 08809-4000 3 1 doc3.xml X0206 3 2015-01-01 0 0000029915 DOW CHEMICAL CO /DE/ DOW 0001221441 MILCHOVICH RAYMOND J 2030 DOW CENTER MIDLAND MI 48674 1 Common 5400.0000 D Stock Appreciation Right payable 2018 (2018 SAR) 50.4200 Common 198334.0000 D Stock Appreciation Right payable 2020 (2020 SAR) 50.4200 Common 198334.0000 D Pursuant to an agreement between the Reporting Person and Third Point LLC, the Reporting Person received a stock appreciation right payable in 2018 and a stock appreciation right payable in 2020 subject to continued service as a director by the Reporting Person on the applicable vesting date, subject to certain exceptions. The 2018 SAR vests as follows: 50% on January 1, 2017 and 50% on January 1, 2018. The 2018 SAR will be settled in cash by Third Point LLC within 30 days following January 1, 2018. The appreciation amount payable by Third Point LLC, if any, will be based upon the difference between $50.42 and the volume weighted average price of the Issuer's Common Stock during the 30 day period prior to January 1, 2018, in the case of the 2018 SAR and January 1, 2020, in the case of the 2020 SAR. The 2020 SAR vests as follows: 50% on January 1, 2019 and 50% on January 1, 2020. The 2020 SAR will be settled in cash by Third Point LLC within 30 days following January 1, 2020. /s/ Raymond J Milchovich 2015-01-09