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 OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response...
0.5
                      
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(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Scruggs Samuel D
2. Issuer Name and Ticker or Trading Symbol

Huntsman CORP [ HUN ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Exec VP, GC and Sec
(Last)          (First)          (Middle)

500 HUNTSMAN WAY
3. Date of Earliest Transaction (MM/DD/YYYY)

12/28/2009
(Street)

SALT LAKE CITY, UT 84108
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   12/28/2009     F (1)    79799   D $11.49   422804   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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
Option (Right to Buy)   $23.00   12/28/2009     D   (2)       157483      (2)   (2) Common Stock   157483     (2) 0   D    
Option (Right to Buy)   $23.00   12/28/2009     A   (2)    157483         (3)   (2) Common Stock   157483     (2) 157483   D    
Option (Right to Buy)   $20.50   12/28/2009     D   (2)       93655      (2)   (2) Common Stock   93655     (2) 0   D    
Option (Right to Buy)   $20.50   12/28/2009     A   (2)    93655         (3)   (2) Common Stock   93655     (2) 93655   D    
Option (Right to Buy)   $20.66   12/28/2009     D   (2)       110663      (2)   (2) Common Stock   110663     (2) 0   D    
Option (Right to Buy)   $20.66   12/28/2009     A   (2)    110663         (3)   (2) Common Stock   110663     (2) 110663   D    
Option (Right to Buy)   $2.59   12/28/1990     D   (2)       367347      (2)   (2) Common Stock   367347     (2) 0   D    
Option (Right to Buy)   $2.59   12/28/2009     A   (2)    367347         (3)   (2) Common Stock   367347     (2) 367347   D    

Explanation of Responses:
( 1)  Shares automatically withheld upon vesting of restricted stock to satisfy tax witholding obligations.
( 2)  The reported transactions involved an amendment to the reporting person's outstanding options, pursuant to the reporting person's separation and release agreement, to extend the expiration date from six months following the date of separation from the registrant to the earlier of the expiration date of the applicable option or December 31, 2014, resulting in the deemed cancellation of the "old" options and the grant of replacement options. The options were originally granted on February 10, 2005, March 1, 2006, February 20, 2007 and March 2, 2009, and provided for vesting in three equal annual installments beginning February 16, 2006, March 1, 2007, February 20, 2008 and March 2, 2010, respectively.
( 3)  Pursuant to the reporting person's separation and release agreement, all 404,235 of the reporting person's unvested options vested on December 28, 2009.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Scruggs Samuel D
500 HUNTSMAN WAY
SALT LAKE CITY, UT 84108


Exec VP, GC and Sec

Signatures
Sean H. Pettey, by Power of Attorney 12/30/2009
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Huntsman (NYSE:HUN)
Historical Stock Chart
From Aug 2024 to Sep 2024 Click Here for more Huntsman Charts.
Huntsman (NYSE:HUN)
Historical Stock Chart
From Sep 2023 to Sep 2024 Click Here for more Huntsman Charts.