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)

STOCK-BASED COMPENSATION PLAN (Tables)

9 Months Ended

Sep. 30, 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):


	Three months				Nine months
	ended				ended
	September 30,				September 30,
	2018		2017		2018		2017
Huntsman Corporation compensation cost	$	7	$	8	$	22	$	25
Huntsman International compensation cost		7		8		21		24

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			Nine months
	ended			ended
	September 30,			September 30,
	2018		2017	2018		2017
Dividend yield	2.0	%	NA	1.5	%	2.4	%
Expected volatility	54.5	%	NA	55.2	%	56.9	%
Risk-free interest rate	2.8	%	NA	2.6	%	2.0	%
Expected life of stock options granted during the period	5.9	years	NA	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		496		32.75
Exercised		(3,801)		12.03
Forfeited		(38)		16.53
Outstanding at September 30, 2018		4,645		17.58		6.7	$	48
Exercisable at September 30, 2018		2,883		16.67		5.8		30

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		430			35.18		169		32.77
Vested		(834)	(1)		15.63		(335)		14.71
Forfeited		(118)			15.67		(15)		15.02
Nonvested at September 30, 2018		1,935			19.09		515		20.61

(1)

As of September 30, 2018, a total of 358,609 restricted stock units were vested but not yet issued, of which 15,922 vested during the nine months ended September 30, 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.