GRAFTECH INTERNATIONAL LTD 4

Accession 0000931148-15-000064

$EAFCIK 0000931148operating

Filed

Aug 17, 8:00 PM ET

Accepted

Aug 18, 4:12 PM ET

Size

24.7 KB

Accession

0000931148-15-000064

Form 4

Period: 2015-08-14

VP, Pres. Engineered Solutions

Transactions

Disposition from Tender
Common Stock
2015-08-14$5.05/sh−383,199$1,935,155→ 0 total
Disposition from Tender
Common Stock
2015-08-14$5.05/sh−10,520$53,126→ 0 total(indirect: By Compensation Deferral Plan)
Disposition to Issuer
Stock Options (right to buy)
2015-08-17−15,000→ 0 total
Exercise: $13.89Exp: 2021-12-10→ Common Stock (15,000 underlying)
Disposition to Issuer
Stock Options (right to buy)
2015-08-17−66,600→ 0 total
Exercise: $10.31Exp: 2024-01-29→ Common Stock (66,600 underlying)
Disposition to Issuer
Stock Options (right to buy)
2015-08-17−3,500→ 0 total
Exercise: $16.41Exp: 2019-12-10→ Common Stock (3,500 underlying)
Disposition to Issuer
Stock Options (right to buy)
2015-08-17−16,700→ 0 total
Exercise: $9.51Exp: 2022-11-27→ Common Stock (16,700 underlying)
Disposition to Issuer
Stock Options (right to buy)
2015-08-17−16,400→ 0 total
Exercise: $11.56Exp: 2023-11-21→ Common Stock (16,400 underlying)
Disposition to Issuer
Stock Options (right to buy)
2015-08-17$5.05/sh−182,000$919,100→ 0 total
Exercise: $4.24Exp: 2024-11-19→ Common Stock (182,000 underlying)
Disposition from Tender
Common Stock
2015-08-14$5.05/sh−21,176$106,939→ 0 total(indirect: By Savings Plan)
Disposition to Issuer
Stock Options (right to buy)
2015-08-17−4,000→ 0 total
Exercise: $19.89Exp: 2020-12-09→ Common Stock (4,000 underlying)

Footnotes (6)

[F1]On May 17, 2015, Issuer entered into an Agreement and Plan of Merger (the "Merger Agreement") with BCP IV GrafTech Holdings LP, a Delaware limited partnership ("Parent"), and Athena Acquisition Subsidiary Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("Acquisition Sub"), pursuant to which, on August 14, 2015, Acquisition Sub accepted all shares tendered and Parent subsequently made a cash payment for all of the outstanding shares of Issuer's common stock that were tendered. The reporting person reports disposition of shares tendered by reporting person pursuant to the terms of the tender offer, which involved a change of control.
[F2]Represents the number of units attributable to the reporting person's participation in the Company Stock Fund of the GrafTech International Savings Plan.
[F3]Represents obligations whose value is based on the Common Stock through a contribution, exempt pursuant to Rule 16b-3(c), under the Company's Compensation Deferral Program. The reporting person disclaims beneficial ownership of these securities.
[F4]All such options have fully vested.
[F5]Pursuant to the Merger Agreement, the underlying stock options that were not in-the-money were canceled.
[F6]Pursuant to the Merger Agreement, upon completion of the merger, each stock option (whether vested or unvested) held by the reporting person was converted into a cash amount equal to $5.05 per share, less the exercise price and net of applicable tax withholdings.

Documents

1 file

GRAFTECH INTERNATIONAL LTD

CIK 0000931148

Entity typeoperating