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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1. Name and Address of Reporting Person * Gerrard Ronald W   2. Issuer Name and Ticker or Trading Symbol Huntsman CORP [HUN] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Sr. VP, EHS (Last) (First) (Middle) 500 HUNTSMAN WAY 3. Date of Earliest Transaction (Month/Day/Year) 05/09/2011 (Street) SALT LAKE CITY, UT 84108 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 05/09/2011   M   50,000 (1) A $ 2.59 96,622 D   Common Stock 05/09/2011   M   2,959 (1) A $ 7.72 99,581 D   Common Stock 05/09/2011   S   99,581 (1) D $ 20.6202 (2) 0 D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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

Option (Right to Buy)

$ 2.59

05/09/2011

M(1)

50,000

(3)

03/02/2019

Common Stock

50,000

$ 0

25,000

D

Option (Right to Buy)

$ 7.72

05/09/2011

M(1)

2,959

(4)

09/02/2019

Common Stock

2,959

$ 0

5,917

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Gerrard Ronald W 500 HUNTSMAN WAY SALT LAKE CITY, UT 84108			Sr. VP, EHS

Signatures

/s/ Sean H. Pettey, by Power of Attorney		05/11/2011
**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)	The option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by this reporting person March 23, 2011.
(2)	The price reported in Column 4 with respect to the shares sold on May 09, 2011 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.45 to $20.85 per share. The Reporting Person has provided to the Issuer, and undertakes to provide to any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in Footnote (2) to this Form 4.
(3)	This option vested as to 25,000 shares on March 2, 2010, 25,000 shares on March 2, 2011 and will vest with respect to the remaining 25,000 shares on March 2, 2012.
(4)	This option vested as to 2,959 shares on September 2, 2010 and will vest with respect to 2,958 shares on September 2, 2011 and 2,959 shares on September 2, 2012.

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