GLOBE SPECIALTY METALS INC 4
4 · GLOBE SPECIALTY METALS INC · Filed Dec 24, 2015
Insider Transaction Report
Form 4
CROCKETT BRUCE L
Director
Transactions
- Disposition to Issuer
Stock Option
2015-12-23−25,000→ 0 totalExercise: $16.70Exp: 2020-02-27→ Common Stock (25,000 underlying) - Disposition to Issuer
Stock Appreciation Right
2015-12-23−2,303→ 0 totalExercise: $16.70From: 2016-02-27Exp: 2020-02-27→ Common Stock (2,303 underlying) - Disposition to Issuer
Stock Option
2015-12-23−1,226→ 0 totalExercise: $20.58From: 2015-07-08Exp: 2019-07-08→ Common Stock (1,226 underlying) - Disposition to Issuer
Restricted Stock Unit
2015-12-23−1,078→ 0 totalFrom: 2016-02-27Exp: 2016-02-27→ Common Stock (1,078 underlying) - Disposition to Issuer
Restricted Stock Unit
2015-12-23−1,695→ 0 totalFrom: 2016-06-30Exp: 2016-06-30→ Common Stock (1,695 underlying)
Footnotes (4)
- [F1]These awards were cancelled in a merger pursuant to a business combination agreement by, among others, issuer, Grupo Villar Mir, S.A., and Grupo FerroAtlantica, S.A. in exchange for awards on the same terms for shares of FerroGlobe PLC common stock.
- [F2]The awards vest and become exercisable in thirds on the first, second and third anniversary of the original grant date (subject to acceleration in certain circumstances).
- [F3]Each restricted stock unit represents the right to receive cash in an amount equal to the fair market value of one share of common stock, on the date of vesting of the subject restricted stock unit.
- [F4]Each stock appreciation right represents the right to receive cash in an amount equal to the difference obtained by subtracting the exercise price from the fair market value of one share of the company's common stock, as of the date of exercise of the subject stock appreciation right.