Huntsman Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION PLAN (Tables)

Three months ended March 31,

Huntsman Corporation compensation cost

Huntsman International compensation cost

STOCK-BASED COMPENSATION PLAN (Tables)

3 Months Ended

Mar. 31, 2018

Schedule of compensation cost from continuing operations under the 2016 Stock Incentive Plan and the Prior Plan

The compensation cost from continuing operations under the 2016 Stock Incentive Plan and the Prior Plan for our Company and Huntsman International were as follows (dollars in millions):

Schedule of assumptions used to calculate fair value of each stock option award estimated on the date of grant using the Black-Scholes valuation model


	Three months ended March 31,
	2018		2017
Dividend yield	1.5	%	2.4	%
Expected volatility	55.2	%	56.9	%
Risk-free interest rate	2.6	%	2.0	%
Expected life of stock options granted during the period	5.9	years	5.9	years

Summary of stock option activity under the 2016 Stock Incentive Plan and the Prior Plan


					Weighted
			Weighted		Average
			Average		Remaining		Aggregate
			Exercise		Contractual		Intrinsic
Option Awards	Shares		Price		Term		Value
	(in thousands)				(years)		(in millions)
Outstanding at January 1, 2018		7,988	$	13.99
Granted		479		32.77
Exercised		(715)		10.05
Forfeited		(12)		13.58
Outstanding at March 31, 2018		7,740		15.52		5.9	$	108
Exercisable at March 31, 2018		5,919		14.49		5.0		87

Summary of status of nonvested shares


	Equity Awards					Liability Awards
				Weighted				Weighted
				Average				Average
				Grant- Date				Grant-Date
	Shares			Fair Value		Shares		Fair Value
	(in thousands)					(in thousands)
Nonvested at January 1, 2018		2,457		$	14.93		696	$	14.69
Granted		414			35.32		169		32.77
Vested		(699)	(1)		16.71		(328)		14.67
Forfeited		(107)			14.97		(6)		14.41
Nonvested at March 31, 2018		2,065			18.42		531		20.47

(1)

As of March 31, 2018, a total of 473,110 restricted stock units were vested but not yet issued, of which 12,360 vested during the three months ended March 31, 2018. These shares have not been reflected as vested shares in this table because, in accordance with the restricted stock unit agreements, shares of common stock are not issued for vested restricted stock units until termination of employment.