4//SEC Filing
LIBBEY INC 4
Accession 0000902274-16-000368
CIK 0000902274operating
Filed
Aug 23, 8:00 PM ET
Accepted
Aug 24, 6:57 PM ET
Size
6.9 KB
Accession
0000902274-16-000368
Insider Transaction Report
Form 4
LIBBEY INCLBY
MILLER DEBORAH G
Director
Transactions
- Award
Phantom Stock Units
2016-08-23$17.47/sh+14.807$259→ 2,264.158 totalExercise: $0.00From: 1988-08-08Exp: 1988-08-08→ Common Stock (14.807 underlying)
Holdings
- 25,492
Common Stock
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 14.8068 units equal to one share per unit on August 23, 2016 in lieu of compensation for a dividend payment. Units were acquired on August 23, 2016 at $17.47 per unit.
Documents
Issuer
LIBBEY INC
CIK 0000902274
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000902274
Filing Metadata
- Form type
- 4
- Filed
- Aug 23, 8:00 PM ET
- Accepted
- Aug 24, 6:57 PM ET
- Size
- 6.9 KB