GLOBE SPECIALTY METALS INC 4
4 · GLOBE SPECIALTY METALS INC · Filed Sep 9, 2013
Insider Transaction Report
Form 4
Danjczek Thomas
Director
Transactions
- Award
Stock Appreciation Rights
2013-08-20+12,784→ 12,784 totalExercise: $12.54Exp: 2018-08-20→ Common Stock (12,784 underlying)
Footnotes (2)
- [F1]Each Stock Appreciation Right grants to the Reporting Person, the right to receive payment from the Issuer, on the Expiration Date, of a cash amount equal to the difference obtained by subracting the Exercise Price from the Fair Market Value of one share of the Issuer's Common Stock on the Expiration Date.
- [F2]The Stock Appreciation Rights vest and become exercisable in three increments as follows: 4,261 will vest and become exercisable on 8/20/14, 4,261 will vest and become exercisable on 8/20/15 and 4,262 will vest and become exercisable on 8/20/16.