UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
Dresner, Mark
Engelhard Corporation
101 Wood Avenue
Iselin, NJ 08830
USA
2. Issuer Name and Ticker or Trading Symbol
ENGELHARD CORPORATION
EC
3. IRS or Social Security Number of Reporting Person (Voluntary)
064-38-1953
4. Statement for Month/Year
12/12/02
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
(specify below)
Vice President - Corporate Communications
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
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Common Stock | | | | | | |15,958 |D | |
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| | | | | | |4,442 |I |By Fleet |
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| | | | | | | | |National Bank, |
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| | | | | | | | |as Trustee |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
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Options (Right to Buy)|$22.80 |12/12|A(1)| |14,068 |A |(1) |(1) |Common Stock|14,068 | |14,068 |D | |
| |/02 | | | | | | | | | | | | |
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Explanation of Responses:
(1) Options are exercisable in 25% installments annually commencing the first
aniversary of date of grant (except
in the event of an "acquisition of a control interest" in Engelhard
Corporation). All options expire 10 years after the
date of grant. Options may expire earlier under certain circumstances. Options
permit the satisfaction of tax
withholding obligations arising on the exercise thereof by the withholding of
shares of stock acquired by such
exercise.
SIGNATURE OF REPORTING PERSON
Mark Dresner