GRAFTECH INTERNATIONAL LTD 4
4 · GRAFTECH INTERNATIONAL LTD · Filed Aug 13, 2007
Insider Transaction Report
Form 4
Whitaker Gary R
VP, General Counsel, Secretary
Transactions
- Discretionary Transaction
Common Stock
2007-08-09$12.70/sh+23,622$299,999→ 26,164 total(indirect: By Savings Plan)
Holdings
- 30,000
Common Stock
- 26,755
Common Stock
Footnotes (3)
- [F1]On October 23, 2006, the Company granted 30,000 restricted shares under the Company's Management Long Term Incentive Program, all of which will cliff vest in February 2010, subject to accelerated vesting in equal thirds in February of each of 2008, 2009 and 2010, if certain performance targets are met.
- [F2]On May 1, 2006, the Company granted 30,000 restricted shares under the Company's Management Long Term Incentive Program, of which one-third vested on May 1, 2007 and one-third will vest on each of May 1, 2008 and 2009. On May 2, 2007, the issuer sold 3,245 shares on behalf of the reporting person to pay withholding taxes upon the vesting of 10,000 shares on May 1, 2007. Such shares were sold pursuant to a trading plan established under Rule10b5-1 under the Securities Act of 1934.
- [F3]Represents the number of units attributable to the reporting person's participation through a transfer of funds from the Company Stock Fund of the UCAR Carbon Savings Plan into the Company Common Stock Fund. The 23,622 units reported in this transaction correspond to 22,455 shares of common stock at a price of $13.36 per share.