LIBBEY INC 4

4 · LIBBEY INC · Filed Feb 20, 2007

Form 4

Period: 2007-02-16

VP, Gen. Mgr - Int'l Operation

Transactions

Award
Non-Qualified Stock Option (right to buy)
2007-02-16$12.80/sh+8,094$103,603→ 15,595 total
Exercise: $12.80Exp: 2017-02-17→ Common Stock (8,094 underlying)
Award
Common Stock
2007-02-16+8,432→ 32,088.336 total
Award
Common Stock
2007-02-16+7,751→ 23,656.336 total
Award
Non-Qualified Stock Option (right to buy)
2007-02-16$12.80/sh+7,501$96,013→ 7,501 total
Exercise: $12.80Exp: 2017-02-17→ Common Stock (7,501 underlying)
Award
Common Stock
2007-02-16+1,845→ 15,905.336 total

Holdings

Common Stock
(indirect: By 401(k))
6,841.112
Non-Qualified Stock Option (right to buy)
Exercise: $11.79From: 2006-12-08Exp: 2015-12-08→ Common Stock (12,000 underlying)
12,000
Non-Qualified Stock Option (right to buy)
Exercise: $23.93From: 2003-11-20Exp: 2012-11-21→ Common Stock (17,000 underlying)
17,000
Non-Qualified Stock Option (right to buy)
Exercise: $31.38From: 2000-08-24Exp: 2009-08-25→ Common Stock (11,500 underlying)
11,500
Non-Qualified Stock Option (right to buy)
Exercise: $28.53Exp: 2013-12-16→ Common Stock (11,000 underlying)
11,000

Footnotes (7)

[F1]Represents settlement of performance shares earned for performance cycles ended June 30, 2006 and December 31, 2006, respectively.
[F2]Restricted stock units will vest 33% on each of the second, third and fourth anniversary dates provided the grantee remains continuously employed by the Company as of those respective dates.
[F3]Restricted stock units will vest 25% on each of the second, third, fourth and fifth anniversary dates provided the grantee remains continuously employed by the Company as of those respective dates.
[F4]The options become exercisable for 33% of the shares on each of the second, third and fourth anniversary dates.
[F5]The options become exercisable for 25% of the shares on each of the second, third, fourth and fifth anniversary dates.
[F6]The options become exercisable for 40% of the shares on the first anniversary and 20% of the shares on the second, third and fourth anniversary dates.
[F7]On December 6, 2005 the Board of Directors approved a motion to accelerate the vesting of all outstanding and unvested stock options that were awarded from 2002 - 2004.

Documents

1 file