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