Sec Form 4 Filing - Paintal Ravijit @ CABOT CORP - 2007-08-06

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
Paintal Ravijit
2. Issuer Name and Ticker or Trading Symbol
CABOT CORP [ CBT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Vice President
(Last) (First) (Middle)
C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300
3. Date of Earliest Transaction (MM/DD/YY)
08/06/2007
(Street)
BOSTON, MA02210
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 08/06/2007 A 15,900 ( 1 ) A $ 13.8 55,900 D
Common Stock 3,815.6786 ( 2 ) I Through the Trustee for the Corporation's Retirement 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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Paintal Ravijit
C/O CABOT CORPORATION
TWO SEAPORT LANE, SUITE 1300
BOSTON, MA02210
Vice President
Signatures
Michaela Allbee, pursuant to a Power of Attorney from Ravijit Paintal 08/08/2007
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents acquisition of shares of restricted stock awarded under Cabot's 2007 long-term incentive program. Under the terms of the award, the per share purchase price is 30% of the closing market price of Cabot common stock on May 10, 2007 ($13.80), the date the award was approved by the Compensation Committee of Cabot's Board of Directors. Mr. Paintal was required to pay the purchase price for the shares by August 6, 2007. Mr. Paintal paid the purchase price on August 6, 2007.
( 2 )Prior to July 20, 2007, retirement plan contributions made by the Company under the Employee Stock Ownership Plan portion of Cabot's Retirement Savings Plan were made with shares of Series B ESOP Convertible Preferred Stock. Each share of this preferred stock was convertible into 146.3782 shares of Cabot's common stock. On July 20, 2007, all of the preferred stock held by the Trustee of the Retirement Savings Plan was converted to common stock. The amount reported here includes amounts that previously would have been reported under Table II as Series B ESOP Convertible Preferred Stock as well as retirement plan contributions made by the Company under the 401(k) portion of the Retirement Savings Plan.

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