4//SEC Filing
Nave Steve 4
Accession 0000902274-18-000061
CIK 0000902274other
Filed
May 2, 8:00 PM ET
Accepted
May 3, 4:14 PM ET
Size
6.1 KB
Accession
0000902274-18-000061
Insider Transaction Report
Form 4
LIBBEY INCLBY
Nave Steve
Director
Transactions
- Award
Phantom Stock Units
2018-05-01$6.15/sh+2,235.772$13,750→ 9,156.448 totalFrom: 1988-08-08Exp: 1988-08-08→ Common Stock (2,235.772 underlying)
Footnotes (3)
- [F1]The phantom stock units convert to common stock on a 1-for-1 basis.
- [F2]Phantom stock units acquired under the Libbey director's deferred compensation plan (the "Plan"), a 16b-3 plan, in lieu of cash compensation earned as a director for board and board committee service. Each phantom stock unit is the economic equivalent of one share of Libbey Inc. common stock. The number of phantom stock units acquired is equivalent to the dollar value of the compensation earned based on the market value of Libbey Inc. shares at the time the compensation was earned. The market value of Libbey Inc. shares is the closing price of the Libbey Inc. shares on the New York Stock Exchange on the day the compensation is earned. The units earned are settled in cash at such time as prescribed by the Plan.
- [F3]Total includes 111.586 phantom stock units acquired on March 13, 2018 under the Plan's dividend-equivalent reinvestment feature.
Documents
Issuer
LIBBEY INC
CIK 0000902274
Entity typeother
Related Parties
1- filerCIK 0001706718
Filing Metadata
- Form type
- 4
- Filed
- May 2, 8:00 PM ET
- Accepted
- May 3, 4:14 PM ET
- Size
- 6.1 KB