1. Name and Address of Reporting Person
Jepsen, John R.
199 Benson Road
Middlebury, CT 06749
USA
2. Issuer Name and Ticker or Trading Symbol
Crompton Corporation
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Day/Year
02/07/2003
5. If Amendment, Date of Original (Month/Day/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 & Treasurer
7. 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 |2. Trans- |2A.Execu- |3. Trans-|4. Securities Acquired (A)|5. Amount of |6. Owner- |7. Nature |
| | action | action | action| or Disposed of (D) |Securities | ship | of In- |
| | Date | Date | Code | |Beneficially | Form: | direct |
| | | | | |Owned | Direct | Bene- |
| | (Month/ | (Month/ | | |Following | (D) or | ficial |
| | Day/ | Day/ +-----+---+-----------+---+----------+Reported | Indirect| Owner- |
| | Year) | Year) |Code |V |Amount |A/D|Price |Transaction(s)| (I) | ship |
+------------------------------+----------+----------+-----+---+-----------+---+----------+--------------+-----------+------------+
Common Stock 02/07/2003 A 16050 A $5.7000 24403 D
Common Stock 1296.587 I ESOP TRUST
TABLE II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
+----------+--------+-------+-------+---------+-----------+---------------------+----------------+----------+-------+-------+------+
|1. |2. |3. |3A. |4. |5. |6. |7. |8. |9. |10. |11. |
| | | | | | | | | |Number |Owner- | |
| | | | | | | | | |of |ship | |
| | | | | | | | | |Deriv- |Form of| |
| | | | | | | |Title and Amount| |ative |Deriv- | |
| | | | | | | |of Underlying | |Secur- |ative |Nature|
| |Conver- |Trans- |Execu- | |Number of | |Securities | |ities |Secur- |of |
| |sion or |action |tion | |Derivative |Date Exercisable +-------+--------+ |Benefi-|ity: |In- |
| |Exercise|Date |Date | |Securities |and Expiration Date | |Amount | |cially |Direct |direct|
| |Price of| | |Transac- |Acquired(A)|(Month/Day/Year) | |or | |Owned |(D) or |Bene- |
|Title of |Deriv- |(Month/|(Month/|tion Code|Disposed(D)+----------+----------+ |Number |Price of | |In- |ficial|
|Derivative|ative | Day/ | Day/ +------+--+-----+-----+Date Exer-|Expira- | |of |Derivative| |direct |Owner-|
|Security |Security|Year) |Year) |Code |V |(A) |(D) |cisable |tion Date |Title |Shares |Security | |(I) |ship |
+----------+--------+-------+-------+------+--+-----+-----+----------+----------+-------+--------+----------+-------+-------+------+
NQ Stock $6.38 02/20/2013 Common 8 D
Option Stock
(Right to
Buy)
NQ Stock $7.25 11/21/2012 Common 2132 D
Option Stock
(Right to
Buy)
NQ Stock $7.92 11/22/2011 Common 10000 D
Option Stock
(Right to
Buy)
NQ Stock $8.1562 11/30/2010 Common 20000 D
Option Stock
(Right to
Buy)
NQ Stock $8.343 11/19/2009 Common 22642 D
Option Stock
(Right to
Buy)
ISO Stock $6.38 01/21/2013 Common 29992 D
Option Stock
(Right to
Buy)
ISO Stock $7.25 10/22/2012 Common 7868 D
Option Stock
(Right to
Buy)
ISO Stock $7.92 10/23/2011 Common 10000 D
Option Stock
(Right to
Buy)
ISO Stock $8.343 10/19/2009 Common 27358 D
Option Stock
(Right to
Buy)
ISO Stock $14.3438 10/14/2008 Common 5000 D
Option Stock
(Right to
Buy)
Explanation of Responses:
5,129 shares represent the Retention Award shares earned from the 2001-2002
LTIP.
10,921 shares represent the third distribution of the Merger Synergy
Award.
SIGNATURE OF REPORTING PERSON
/s/ John R. Jepsen
DATE
02/10/2003