Sec Form 4 Filing - DRILLOCK DAVID M @ CYTEC INDUSTRIES INC/DE/ - 2014-02-27

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
DRILLOCK DAVID M
2. Issuer Name and Ticker or Trading Symbol
CYTEC INDUSTRIES INC/DE/ [ CYT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
VP, Chief Financial Officer
(Last) (First) (Middle)
FIVE GARRET MOUNTAIN PLAZA
3. Date of Earliest Transaction (MM/DD/YY)
02/27/2014
(Street)
WOODLAND PARK, NJ07424
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/27/2014 M 5,791 A $ 0 ( 1 ) 24,204 D
Common Stock 02/27/2014 M 3,913 A $ 0 ( 2 ) 28,117 D
Common Stock 02/27/2014 S 3,913 D $ 95.215 ( 3 ) 24,204 D
Common Stock 02/27/2014 S 5,791 D $ 95.1798 ( 4 ) 18,413 D
Common Stock 25,720 I ( 5 ) Savings Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Appreciation Right $ 58.22 02/27/2014 M 10,000 ( 6 ) 01/30/2017 Common Stock 10,000 $ 95.66 0 D
Stock Appreciation Right $ 49.49 02/27/2014 M 12,000 02/08/2007 02/07/2016 Common Stock 12,000 $ 95.66 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
DRILLOCK DAVID M
FIVE GARRET MOUNTAIN PLAZA
WOODLAND PARK, NJ07424
VP, Chief Financial Officer
Signatures
Thomas Irwin, Attorney in Fact 02/28/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Pursuant to the exercise of stock settled appreciation rights, Mr. Drillock received 5,791 shares without payment of any consideration.
( 2 )Pursuant to the exercise of stock settled appreciation rights, Mr. Drillock received 3,913 shares without payment of any consideration.
( 3 )The sales price ranged from $95.01 to $95.58 with a weighted average of $95.215. The undersigned reporting person hereby undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
( 4 )The sales price ranged from $95.0125 to $95.58 with a weighted average of $95.1798. The undersigned reporting person hereby undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
( 5 )Excludes shares held in Employees' Savings Plan or Supplemental Plan which are eligible for deferred reporting on Form 5, as per note to instruction 4(a)(i).
( 6 )Exercisable in one-third installments on each of the first three anniversaries of the date of grant, which was 01/31/2007.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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