LIBBEY INC 4

Accession 0000902274-16-000372

CIK 0000902274operating

View on SEC.gov Company Profile

Filed

Aug 30, 8:00 PM ET

Accepted

Aug 31, 8:52 PM ET

Size

29.0 KB

Accession

0000902274-16-000372

Insider Transaction Report

Form 4

Period: 2016-08-31

LIBBEY INCLBY

PAIGE TIMOTHY T

Vice President-Administration

Transactions

Other
NQ - Stock Option (Right to Buy)
2016-08-31$17.73/sh−2,208$39,148→ 2,209 total
Exercise: $38.06From: 2016-02-17Exp: 2025-03-02→ Common Stock (2,208 underlying)
Other
Restricted Stock Units
2016-08-31$17.73/sh−1,634$28,971→ 8,611 total
Tax Payment
Restricted Stock Units
2016-08-31$17.73/sh−874$15,496→ 2,271 total
Other
NQ - Stock Option (Right to Buy)
2016-08-31$17.73/sh−11,562$204,994→ 3,855 total
Exercise: $17.13From: 2017-02-17Exp: 2026-02-25→ Common Shares (11,562 underlying)
Tax Payment
Common Stock
2016-08-31$17.73/sh−932$16,524→ 16,281.126 total
Other
NQ - Stock Option (Right to Buy)
2016-08-31$17.73/sh−1,504$26,666→ 4,513 total
Exercise: $23.02From: 2015-02-24Exp: 2024-02-24→ Common Stock (1,504 underlying)
Other
Restricted Stock Units
2016-08-31$17.73/sh−5,466$96,912→ 3,145 total
Other
Common Stock
2016-08-31$17.73/sh−1,321$23,421→ 17,213.126 total

Holdings

Restricted Stock Units
10,245
Non-Qualified Stock Option (right to buy)
Exercise: $13.95From: 2013-02-17Exp: 2022-02-17→ Common Stock (4,478 underlying)
4,478
Non-Qualified Stock Option (right to buy)
Exercise: $15.35From: 2009-02-15Exp: 2018-02-15→ Common Stock (3,995 underlying)
3,995
Non-Qualified Stock Option (right to buy)
Exercise: $19.02From: 2014-02-22Exp: 2023-02-22→ Common Stock (6,818 underlying)
6,818
Non-Qualified Stock Option (right to buy)
Exercise: $17.00From: 2012-02-10Exp: 2021-02-10→ Common Stock (3,511 underlying)
3,511
Common Stock
(indirect: By 401(k))
19,265.293
Non-Qualified Stock Option (right to buy)
Exercise: $10.13From: 2011-02-11Exp: 2020-02-11→ Common Stock (2,475 underlying)
2,475

Footnotes (10)

[F1]The information reported herein is based upon information received from the record keeper of the Libbey Inc. 401k/104m plan. The Libbey Inc. shares attributed to the participant in this report as being held by the plan are the equivalent number of the shares the participant would receive of his entire Libbey Inc. share account if it was distributed to him in Libbey Inc. shares. The actual account in the plan consists of the Libbey Inc. shares and cash.
[F10]As of August 31, 2016 Reporting Person departed as Vice President-Human Resources. Pursuant to the terms of the Nonqualified Stock Option Agreement (the "Option Agreement") executed in connection with the option grant made by the Issuer to the Reporting Person on March 2, 2015, options to purchase 1,104 shares of the Issuer's common stock (the "Stock") will accelerate and become fully vested on August 31, 2016, expiring on December 30, 2016, and the options to purchase the remaining 2,208 unvested shares of stock were forfeited.
[F2]After August 31, 2016 reporting person is no longer subject to Section 16 of the Securities Exchange Act of 1934 (Exchange Act). Pursuant to the terms of the Restricted Stock Unit Agreement (the "RSU Agreement") between the Issuer and the Reporting Person 1,321 of the restricted stock units awarded on February 24, 2014 have been forfeited. The remaining 1,321 restricted stock units will accelerate and become fully vested on August 31, 2016 and shall be issued to the Reporting Person pursuant to the RSU Agreement.
[F3]Reflects shares withheld to satisfy tax withholding obligations on restricted stock units that vested.
[F4]After August 31, 2016 reporting person is no longer subject to Section 16 of the Securities Exchange Act of 1934 (Exchange Act). Pursuant to the terms of the Restricted Stock Unit Agreement (the "RSU Agreement") between the Issuer and the Reporting Person, 1,634 of the restricted stock units awarded on March 2, 2015 have been forfeited. The remaining 818 restricted stock units will accelerate and become fully vested on August 31, 2016 and shall be issued to the Reporting Person pursuant to the RSU Agreement.
[F5]After August 31, 2016 reporting person is no longer subject to Section 16 of the Securities Exchange Act of 1934 (Exchange Act). Pursuant to the terms of the Restricted Stock Unit Agreement (the "RSU Agreement") between the Issuer and the Reporting Person, 5,466 of the restricted stock units awarded on February 25, 2016 have been forfeited. The remaining 1,823 restricted stock units will accelerate and become fully vested on August 31, 2016 and shall be issued to the Reporting Person pursuant to the RSU Agreement.
[F6]The options become exercisable for 25% of the shares on each of the first, second, third, and fourth anniversary dates.
[F7]After August 31, 2016 reporting person is no longer subject to Section 16 of the Securities Exchange Act of 1934 (Exchange Act). Pursuant to the terms of the Nonqualified Stock Option Agreement (the "Option Agreement") executed in connection with the option grant made by the Issuer to the Reporting Person on February 22, 2013, options to purchase 1,704 shares of the Issuer's common stock (the "Stock") will accelerate and become fully vested on August 31, 2016.
[F8]As of August 31, 2016 Reporting Person departed as Vice President-Human Resources. Pursuant to the terms of the Nonqualified Stock Option Agreement (the "Option Agreement") executed in connection with the option grant made by the Issuer to the Reporting Person on February 25, 2016, options to purchase 3,855 shares of the Issuer's common stock (the "Stock") will accelerate and become fully vested on August 31, 2016, expiring on December 30, 2016, and the options to purchase the remaining 11,562 unvested shares of stock were forfeited.
[F9]After August 31, 2016 reporting person is no longer subject to Section 16 of the Securities Exchange Act of 1934 (Exchange Act). Pursuant to the terms of the Nonqualified Stock Option Agreement (the "Option Agreement") executed in connection with the option grant made by the Issuer to the Reporting Person on February 24, 2014, options to purchase 1,504 shares of the Issuer's common stock (the "Stock") will accelerate and become fully vested on August 31, 2016, and the options to purchase the remaining 1,504 unvested shares of stock were forfeited.

Documents

1 file

4
wf-form4_147269112151166.xmlPrimary
FORM 4

Issuer

LIBBEY INC

CIK 0000902274

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0000902274

Filing Metadata

Form type: 4
Filed: Aug 30, 8:00 PM ET
Accepted: Aug 31, 8:52 PM ET
Size: 29.0 KB

View on SEC.gov