SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO.: 10)*
Name of issuer: Cytec Industries Inc.
Title of Class of Securities: Common Stock
CUSIP Number: 232820100
Date of Event Which Requires Filing of this Statement: December 31, 2002
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
(X) Rule 13d-1(b)
( ) Rule 13d-1(c)
( ) Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
(Continued on the following page(s))
PAGE 1 OF 5 PAGES
13G
CUSIP No.: 232820100
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Vanguard Fiduciary Trust Company, Trustee of the Cytec Employees'
Savings and Profit Sharing Plan.
2. CHECK THE APPROPRIATE [LINE]IF A MEMBER OF A GROUP
Not Applicable A. B.
3. SEC USE ONLY
4. CITIZENSHIP OF PLACE OF ORGANIZATION
Pennsylvania
(For questions 5-8, report the number of shares beneficially owned by each
reporting person with:)
5. SOLE VOTING POWER
None
6. SHARED VOTING POWER
2,999,865 Shares
7. SOLE DISPOSITIVE POWER
None
8. SHARED DISPOSITIVE POWER
2,999,865 Shares
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,999,865 Shares
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
N/A
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.648%
12. TYPE OF REPORTING PERSON
EP
Page 2 of 5 Pages
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
____________
SCHEDULE 13G
UNDER THE SECURITIES ACT OF 1934
____________
Check the following [line] if a fee is being paid with this statement N/A
Item 1 (a) - Name of Issuer
Cytec Industries Inc.
Item 1 (b) - Address of Issuer's Principal Executive Officers:
5 Garret Mountain Plaza, West Paterson, NJ 07424
Item 2 (a) - Name of Person Filing:
This filing is made by Vanguard Fiduciary Trust Company on behalf
of the Cytec Employees' Savings and Profit Sharing Plan (the
"Plan").
Item 2 (b) - Address of Principal Business Office or, if none, Residence:
500 Admiral Nelson Blvd., Malvern, PA 19355
Item 2 (c) - Citizenship
Vanguard Fiduciary Trust Company is a trust company organized
under the laws of the Commonwealth of Pennsylvania.
Item 2 (d) - Title of Class of Securities
Common Stock
Item 2 (e) - CUSIP Number
232820100
Item 3 - Type of Filing:
If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(d),
check whether the person filing is a: (f) X Employee Benefit Plan,
Pension Fund which is subject to the provisions of the Employee
Retirement Income Security Act of 1974 or Endowment Fund;
seess.240.13d-1(b)(1)(ii)(F)
PAGE 3 OF 5 PAGES
Item 4 - Ownership:
(a) Amount Beneficially Owned:
2,999,865
(b) Percent of Class:
7.648%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: None
(ii) shared power to vote or to direct the vote: 2,999,865 *
(iii) sole power to dispose or to direct the disposition of: None
(iv) shared power to dispose or to direct the disposition of:
2,999,865 **
* Each participant holding shares of Common Stock in the Plan shall instruct
the Trustee how to vote the shares of Company Stock attributable to such
participant's account, whether or not vested. The Trustee, itself or by
proxy, shall vote shares of Common Stock attributable to such participants
accounts in accordance with the instruction of such participants. If,
within five business days prior to any vote of stockholders, the Trustee
has not received instructions from such participants with respect to any
shares of Company Stock in their accounts, the Trustee may vote such shares
at such meeting in the same proportion as the shares for which the Trustee
has received timely instructions, subject to applicable law.
** Shares of Common Stock in the Plan are held in various accounts, allocated
by the source of contribution (employer, the predecessor to the employer or
the employee) and may be disposed of by the Plan or the Trustee only in
accordance with the terms of the Plan.
Item 5. Ownership of Five Percent or Less of a Class.
Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Subject to the terms of the Plan, participants in the Plan are
entitled to receive certain distributions of assets held by the Plan. Such
distributions may include proceeds from the sale of shares of Common Stock
reflected in this Schedule 13G.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company.
Not Applicable
Item 8. Identification and Classification of Members of the Group.
Not Applicable
PAGE 4 OF 5 PAGES
Item 9. Notice of Dissolution of Group.
Not Applicable
Item 10. Certification.
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired and are held in the ordinary
course of business and were not acquired and are not held for the purpose of or
with the effect of changing or influencing the control of the issuer of such
securities and were not acquired and are not held in connection with or as a
participant in any transaction having such purpose or effect.
Signature
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
DATE: FEBRUARY 10, 2003
VANGUARD FIDUCIARY TRUST COMPANY, AS TRUSTEE FOR
CYTEC EMPLOYEES' SAVINGS AND PROFIT SHARING PLAN
BY:_____________________________________________
NAME: JOSEPH DIETRICK
TITLE: ASSISTANT SECRETARY
PAGE 5 OF 5 PAGES