GLOBE SPECIALTY METALS INC 4
4 · GLOBE SPECIALTY METALS INC · Filed Dec 24, 2015
Insider Transaction Report
Form 4
Lebowitz Stephen
Chief Legal Officer
Transactions
- Disposition to Issuer
Stock Appreciation Right
2015-12-23−159,801→ 0 totalExercise: $12.54Exp: 2018-08-20→ Common Stock (159,801 underlying) - Disposition to Issuer
Stock Appreciation Right
2015-12-23−25,000→ 0 totalExercise: $9.18Exp: 2020-12-11→ Common Stock (25,000 underlying) - Disposition to Issuer
Restricted Stock Unit
2015-12-23−2,872→ 0 total→ Common Stock (2,872 underlying) - Disposition to Issuer
Restricted Stock Unit
2015-12-23−2,019→ 0 total→ Common Stock (2,019 underlying) - Disposition to Issuer
Restricted Stock Unit
2015-12-23−1,410→ 0 total→ Common Stock (1,410 underlying) - Disposition to Issuer
Stock Option
2015-12-23−68,750→ 0 totalExercise: $18.81Exp: 2016-08-11→ Common Stock (68,750 underlying) - Disposition to Issuer
Restricted Stock Unit
2015-12-23−3,080→ 0 total→ Common Stock (3,080 underlying) - Disposition to Issuer
Stock Appreciation Right
2015-12-23−23,585→ 0 totalExercise: $11.28Exp: 2018-07-12→ Common Stock (23,585 underlying) - Disposition to Issuer
Stock Appreciation Right
2015-12-23−10,000→ 0 totalExercise: $21.17Exp: 2020-04-24→ Common Stock (10,000 underlying)
Footnotes (5)
- [F1]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).
- [F2]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.
- [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.
- [F5]The awards vest in thirds on the first, second and third anniversary of the original grant date (subject to acceleration in certain circumstances) and become exercisable on January 8, 2017.