4/A//SEC Filing
STEWART TERENCE P 4/A
Accession 0001519850-12-000005
CIK 0000902274other
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 10:44 AM ET
Size
6.7 KB
Accession
0001519850-12-000005
Insider Transaction Report
Form 4/AAmended
LIBBEY INCLBY
STEWART TERENCE P
Director
Transactions
- Award
Phantom Stock Units
2012-02-01$15.08/sh+671.419$10,125→ 49,614.727 totalExercise: $0.00From: 1988-08-08Exp: 1988-08-08→ Common Stock (671.419 underlying)
Footnotes (2)
- [F1]On February 3, 2012, a duplicate Form 4 was erroneously filed crediting deferred income on November 1, 2011 in the amount of 811.298 resulting in 48,943.308 phantom shares which credit was reported on Form 4 dated November 1, 2011. As of February 1, 2012, the phantom stock units under the Libbey Inc. directors deferred compensation plan are to be settled in cash upon the reporting person's retirement or specified settlement date. The plan is a 16b(3) plan. The reporting person acquired 671.4191 units equal to one share per unit on February 1, 2012 in lieu of compensation for director fees (paid quarterly) resulting in 49,614.7270 phantom shares. Units were acquired on February 1, 2012 at $15.08 per unit.
- [F2]Phantom stock units pursuant to the Libbey director's deferred compensation plan (the "Plan"), a 16b(3) plan are acquired in lieu of cash compensation earned as a director for board and board committee service or in lieu of cash dividends on the deferred phantom stock units. The number of units (each equivalent to one common share of Libbey Inc.) acquired are equivalent to the dollar value of the compensation earned based on the market value of Libbey Inc. shares at the time the compensation is earned or the dividend paid. The market value of Libbey Inc. shares is the closing price of the Libbey Inc. shares on the New York Stock Exchange on the day the compensation is earned or the dividend is paid. The units earned are settled in cash upon the director's elected settlement date or retirement from the board.
Documents
Issuer
LIBBEY INC
CIK 0000902274
Entity typeother
Related Parties
1- filerCIK 0001210429
Filing Metadata
- Form type
- 4/A
- Filed
- Feb 5, 7:00 PM ET
- Accepted
- Feb 6, 10:44 AM ET
- Size
- 6.7 KB