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

Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION PLANS (Tables)

STOCK-BASED COMPENSATION PLANS (Tables)

6 Months Ended

Jun. 30, 2012

STOCK-BASED COMPENSATION PLANS

Compensation cost from continuing operations under the Stock Incentive Plan

		Three months ended June 30,						Six months ended June 30,

		2012			2011			2012			2011
Huntsman Corporation compensation costs		$	5		$	8		$	15		$	16
Huntsman International compensation costs			5			8			14			15

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 June 30,				Six months ended June 30,

		2012		2011		2012			2011
Dividend yield		NA		NA			3.0	%		3.3	%
Expected volatility		NA		NA			65.3	%		65.6	%
Risk-free interest rate		NA		NA			1.3	%		2.8	%
Expected life of stock options granted during the period		NA		NA			6.6 years			6.6 years

Summary of stock option activity under the Stock Incentive Plan

Option Awards		Shares			Weighted Average Exercise Price			Weighted Average Remaining Contractual Term			Aggregate Intrinsic Value

		(in thousands)						(years)			(in millions)
Outstanding at January 1, 2012			10,345		$	13.83
Granted			1,363			13.41
Exercised			(536	)		2.99
Forfeited			(63	)		17.56

Outstanding at June 30, 2012			11,109			14.28			5.9		$	33

Exercisable at June 30, 2012			8,936			14.26			5.1			33

Summary of status of nonvested shares under the Stock Incentive Plan

		Equity Awards						Liability Awards

		Shares			Weighted Average Grant-Date Fair Value			Shares			Weighted Average Grant-Date Fair Value
		(in thousands)						(in thousands)
Nonvested at January 1, 2012			2,287		$	9.92			1,100		$	9.42
Granted			934			13.41			383			13.41
Vested			(1,385	)(1)		7.05			(757	)		6.53
Forfeited			(11	)		15.30			(54	)		15.35

Nonvested at June 30, 2012			1,825			13.86			672			14.49

(1): As of June 30, 2012, a total of 494,512 restricted stock units were vested, of which 50,335 vested during the six months ended June 30, 2012. 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.