Home/Filings/4/0000902274-15-000125
4//SEC Filing

LIBBEY INC 4

Accession 0000902274-15-000125

CIK 0000902274operating

Filed

Jun 9, 8:00 PM ET

Accepted

Jun 10, 4:16 PM ET

Size

6.9 KB

Accession

0000902274-15-000125

Insider Transaction Report

Form 4
Period: 2015-06-09
Transactions
  • Award

    Phantom Stock Units

    2015-06-09$39.90/sh+6.06$2422,204.039 total
    Exercise: $0.00From: 1988-08-08Exp: 1988-08-08Common Stock (6.06 underlying)
Holdings
  • Common Stock

    20,941
Footnotes (2)
  • [F1]Phantom stock units pursuant to the Libbey director's deferred compensation plan (the "Plan"), a 16b(3) plan are acquired in lieu of cash compensation earned as a director for board and board committee service or in lieu of cash dividends on the deferred phantom stock units. The number of units (each equivalent to one common share of Libbey Inc.) acquired are equivalent to the dollar value of the compensation earned based on the market value of Libbey Inc. shares at the time the compensation is earned or the dividend paid. The market value of Libbey Inc. shares is the closing price of the Libbey Inc. shares on the New York Stock Exchange on the last trading day prior to the day the compensation is earned or the dividend is paid. The units earned are settled in cash upon the director's elected settlement date or retirement from the board.
  • [F2]The phantom stock units under the Libbey Inc. directors deferred compensation plan are to be settled in cash upon the reporting persons retirement. The plan is a 16b(3) plan. The reporting person acquired 6.0596 units equal to one share per unit on June 9, 2015 in lieu of compensation for a dividend payment. Units were acquired on June 9, 2015 at $39.90 per unit.

Issuer

LIBBEY INC

CIK 0000902274

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000902274

Filing Metadata

Form type
4
Filed
Jun 9, 8:00 PM ET
Accepted
Jun 10, 4:16 PM ET
Size
6.9 KB