Huntsman Corporation Registration of securities issued in business combination transactions

Registration of securities issued in business combination transactions

STOCK-BASED COMPENSATION PLANS (Tables)

STOCK-BASED COMPENSATION PLANS (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2012

Dec. 31, 2011

STOCK-BASED COMPENSATION PLANS

Compensation cost from continuing operations under the Stock Incentive Plan

		Three months ended September 30,						Nine months ended September 30,

		2012			2011			2012			2011
Compensation costs		$	6		$	2		$	20		$	17

		Year ended December 31,

		2011			2010			2009
Compensation cost		$	22		$	24		$	16

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 September 30,					Nine months ended September 30,

		2012		2011			2012			2011
Dividend yield		NA			3.6	%		3.0	%		2.3	%
Expected volatility		NA			65.0	%		65.3	%		65.6	%
Risk-free interest rate		NA			1.8	%		1.3	%		2.8	%
Expected life of stock options granted during the period		NA			6.6 years			6.6 years			6.6 years

		Year ended December 31,

		2011			2010			2009
Dividend yield			2.3	%		3.0	%		15.4	%
Expected volatility			65.6	%		69.0	%		70.4	%
Risk-free interest rate			2.8	%		3.1	%		2.5	%
Expected life of stock options granted during the period			6.6 years			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			(661	)		3.25
Forfeited			(251	)		19.76

Outstanding at September 30, 2012			10,796			14.29			5.6		$	41

Exercisable at September 30, 2012			8,643			14.27			4.8			38

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

		(in thousands)						(years)			(in millions)
Outstanding at January 1, 2011			10,997		$	12.28
Granted			953			17.51
Exercised			(1,268	)		2.82
Forfeited			(337	)		15.14

Outstanding at December 31, 2011			10,345			13.83			5.9		$	27

Exercisable at December 31, 2011			7,089			16.34			5.0			13

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			(1,395)	(1)		7.07			(760	)		6.53
Forfeited			(27	)		15.26			(63	)		15.32

Nonvested at September 30, 2012			1,799			13.86			660			14.51

(1): As of September 30, 2012, a total of 516,338 restricted stock units were vested, of which 72,161 vested during the nine months ended September 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.

		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, 2011			3,126		$	6.95			1,642		$	6.05
Granted			675			17.55			311			17.59
Vested			(1,500	)(1)		7.20			(729	)		5.55
Forfeited			(14	)		4.98			(124	)		7.99

Nonvested at December 31, 2011			2,287			9.92			1,100			9.42

(1): As of December 31, 2011, a total of 444,177 restricted stock units were vested, of which 115,045 vested during 2011. Only 176,327 of these shares have 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.