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CHEMTURA CORP FILES (8-K) Disclosing Submission of Matters to a Vote of Security Holders, Other Events

May 12, 2014



Item 5.07. Submission of Matters to a Vote of Security Holders.

On May 8, 2014, Chemtura Corporation ("Chemtura" or the "Company") held its 2014 Annual Meeting of Shareholders. The matters listed below were submitted to a vote of the shareholders through the solicitation of proxies, and the proposals are described in detail in Chemtura's Proxy Statement filed with the Securities and Exchange Commission ("SEC") on April 3, 2014 (the "Proxy Statement"). The results of the shareholder vote are as follows:

a. Messrs. Jeffrey D. Benjamin, Timothy J. Bernlohr, James W. Crownover, Robert

A. Dover, Jonathan F. Foster, Craig A. Rogerson, John K. Wulff and Ms. Anna C.

Catalano were each elected by the shareholders to a term to expire in 2015 or

until their respective successors are duly elected and qualified.

Nominees For Withheld Broker Non-Votes Jeffrey D. Benjamin 79,578,838 6,081,260 4,280,337 Timothy J. Bernlohr 84,970,304 689,794 4,280,337 Anna C. Catalano 85,244,490 415,608 4,280,337 James W. Crownover 85,230,826 429,272 4,280,337 Robert A. Dover 85,556,800 103,298 4,280,337 Jonathan F. Foster 85,283,444 376,654 4,280,337 Craig A. Rogerson 83,897,836 1,762,262 4,280,337 John K. Wulff 81,799,623 3,860,475 4,280,337



b. The shareholders approved, on an advisory (non-binding) basis, the

compensation paid to Chemtura's named executive officers as disclosed in the

Proxy Statement, including the Compensation Discussion and Analysis, the

compensation tables and related disclosures.

For Against Abstain Broker Non-Votes 82,518,029 3,079,111 62,958 4,280,337



c. The shareholders approved the Chemtura Corporation Senior Executive Bonus Plan

attached as Appendix C to the Proxy Statement.

For Against Abstain Broker Non-Votes

84,465,495 1,164,973 29,630 4,280,337

d. The shareholders ratified the appointment of KPMG LLP as the Company's

independent registered public accounting firm for 2014.

For Against Abstain 89,745,652 185,819 8,964 Item 8.01 Other Events.



As previously disclosed, on November 12, 2013, the Board of Directors authorized an increase in the Company's share repurchase program from $191 million to up to $291 million and extended the program to November 9, 2014. As of May 7, 2014, the Company had purchased approximately 10 million shares of common stock for approximately $193 million. On May 8, 2014, the Board of Directors authorized an increase in the share repurchase program by $100 million (up to $391 million in the aggregate when combined with the November 12, 2013 authorization). The shares are expected to be repurchased from time to time through open market purchases. The program, which does not obligate the Company to repurchase any particular amount of common stock, may be modified or suspended at any time at the Board's discretion. The manner, price, number and timing of such repurchases, if any, will be subject to a variety of factors, including market conditions and the applicable rules and regulations of the SEC.


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Source: Edgar Glimpses


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