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 *
WOOD ROBERT L
   2. Issuer Name and Ticker or Trading Symbol
Chemtura CORP [CEM] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President and CEO
(Last)
(First)
(Middle)
199 BENSON ROAD		 3. Date of Earliest Transaction (Month/Day/Year)
02/16/2007
(Street)

MIDDLEBURY, CT 06749		 4. If Amendment, Date Original Filed(Month/Day/Year)
02/21/2007		 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               330,875 D  
Common Stock 02/16/2007   J(1)   225,000 A $ 12.06 300,000 I Restricted Stock Account 2007-2009 LTIP
Common Stock 02/16/2007   J(1)   75,000 D $ 12.06 225,000 I Restricted Stock Account 2007-2009 LTIP
Common Stock               62,011 I Restricted Stock Account III
Common Stock               110,000 I Restricted Stock Account IV
Common Stock               2,294 I Savings Plan (401K) Trust
Common Stock               12,459 I Supplemental Savings Plan

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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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
NQ Rights Option $ 12.92             02/23/2006 03/22/2015 Common Stock 300,000   300,000 D  
NQ Stock Option (Right to Buy) $ 7.64             01/20/2005 02/19/2014 Common Stock 500,000   500,000 D  
NQ Stock Option (Right to Buy) $ 10.75             03/06/2007 04/05/2016 Common Stock 550,000   550,000 D  
NQ Stock Option (Right to Buy) $ 12.06 02/16/2007   J(2)   75,000   02/16/2008 02/16/2017 Common Stock 75,000 $ 12.06 300,000 D  
NQ Stock Option (Right to Buy) $ 12.06 02/16/2007   J(2)     225,000 02/16/2008 02/16/2017 Common Stock 225,000 $ 12.06 75,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
WOOD ROBERT L
199 BENSON ROAD
MIDDLEBURY, CT 06749		   X     President and CEO  

Signatures

 Robert L. Wood   08/15/2007
**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) On February 21, 2007, it was erroneously reported on Form 4 for Robert L. Wood that on February 16, 2007, he received 75,000 shares of restricted stock of Chemtura Corporation common stock at $12.06 per share, to be placed in his restricted stock account and earned in accordance with the provisions of the Company's 2007-2009 Long-Term Incentive Plan. In fact, on February 16, 2007, Mr. Wood received 225,000 shares of restricted stock of Chemtura Corporation common stock at $12.06 per share, to be placed in his restricted stock account and earned in accordance with the provisions of the Company's 2007-2009 Long-Term Incentive Plan.
(2) On February 21, 2007, it was erroneously reported on Form 4 for Robert L. Wood that on February 16, 2007, he received a non-qualified stock option grant for 225,000 shares of Chemtura Corporation common stock at $12.06 per share, the options to vest one-quarter of grant on February 16, 2008; one-quarter of grant to vest on February 16, 2009; one-quarter of grant to vest on February 16, 2010; and one-quarter of grant to vest on February 16, 2011. In fact, on February 16, 2007, Mr. Wood received a non-qualified stock option grant for 75,000 shares of Chemtura Corporation common stock at $12.06 per share, the options to vest one-quarter of grant on February 16, 2008; one-quarter of grant to vest on February 16, 2009; one-quarter of grant to vest on February 16, 2010; and one-quarter of grant to vest on February 16, 2011.

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