Edgar Filing: HOYNES LOUIS L JR

Ownership Submission

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

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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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

HOYNES LOUIS L JR

2. Issuer Name and Ticker or Trading Symbol
CYTEC INDUSTRIES INC/DE/ [CYT]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	_____ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

(Last)

(First)

(Middle)

47 CORNWELLS BEACH ROAD

3. Date of Earliest Transaction (Month/Day/Year)
10/21/2004

(Street)

SANDS POINT, NY 11050

4. If Amendment, Date Original Filed(Month/Day/Year)

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 (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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 ⁽¹⁾	10/21/2004		A		819	A	$ 46.94	819	D

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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 (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

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
(Month/Day/Year)

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Option Right to Buy

$ 46.94

10/21/2004

3,000

⁽²⁾

10/20/2014

Common Stock

3,000

$ 46.94

3,000

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
HOYNES LOUIS L JR 47 CORNWELLS BEACH ROAD SANDS POINT, NY 11050	X

Signatures

Roy Smith on behalf of Louis L. Hoynes, Jr.		10/21/2004
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	Award of restricted stock (i.e. shares of Common Stock, restrictions on which lapse upon the stock becoming non-forfeitable) granted October 21, 2004 on a formula basis under Cytec's stockholder-approved 1993 Stock Award and Incentive Plan ("the Plan"). The award becomes non-forfeitable as to twenty percent of the Common Stock covered by the award on each of the first five anniversaries of the grant of the award, or immediately upon a Change-in-Control (as defined in the Plan.) If the Director's service on the Board terminates prior to any part of the award under the Plan becoming non-forfeitable (except in certain circumstances as set forth in the Plan), any forfeitable portion of the award reverts back to Cytec
(2)	Formula grant made October 21, 2004 under the Plan of options to purchase Common Stock, exercisable in 1,500-share increments on each of the first three anniversaries of the granting of the option (or earlier in the event of a Change-in-Control as defined in the Plan). Options generally expire on the earlier of (i) ten years from the granting of such option or (ii)one year (five years if the director has served for five years or more) from the date of the Director's cessation of membership on Cytec's Board of Directors.

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