GLOBE SPECIALTY METALS INC 4
4 · GLOBE SPECIALTY METALS INC · Filed Jul 17, 2014
Insider Transaction Report
Form 4
Lebowitz Stephen
Chief Legal Officer
Transactions
- Award
Restricted Stock Unit
2014-04-24+3,080→ 3,080 total→ Common Stock (3,080 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents the right to receive cash five business days after the third anniversary of the transaction date (subject to acceleration in certain circumstances) in an amount equal to the fair market value of one share of common stock, $0.0001 par value, of the company, as of the date of vesting of the subject restricted stock unit.
- [F2]The restricted stock units vest according to the following schedule: (a) 1,026 restricted stock units vest on April 23, 2015, (b) 1,026 restricted stock units vest on April 23, 2016, and (c) 1,028 restricted stock units vest on April 23, 2017.