Filing Details
- Accession Number:
- 0000931148-10-000079
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-11-23 16:41:17
- Reporting Period:
- 2010-11-19
- Filing Date:
- 2010-11-23
- Accepted Time:
- 2010-11-23 16:41:17
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 931148 | Graftech International Ltd | GTI | Electrical Industrial Apparatus (3620) | 061385548 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1078942 | S Craig Shular | C/O Graftech International Ltd. 12900 Snow Road Parma OH 44130 | Chairman, Ceo & President | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2010-11-19 | 50,000 | $8.56 | 50,000 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-11-19 | 50,000 | $18.30 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Time options (right to buy) | Disposition | 2010-11-19 | 50,000 | $0.00 | 50,000 | $8.56 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2010-12-15 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 59,219 | Direct | |
| Common Stock | 39,000 | Direct | |
| Common Stock | 29,000 | Direct | |
| Common Stock | 97,000 | Direct | |
| Common Stock | 277,529 | Direct | |
| Common Stock | 40,148 | Indirect | By Compensation Deferral Plan |
| Common Stock | 32,758 | Indirect | By Savings Plan |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Time options (right to buy) | $8.85 | 2011-09-25 | 87,000 | 87,000 | Direct | |
| Common Stock | Stock options (right to buy) | $9.05 | 2017-04-02 | 300,000 | 300,000 | Direct | |
| Common Stock | Stock options (right to buy) | $16.41 | 2019-12-11 | 56,000 | 56,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2011-09-25 | 87,000 | 87,000 | Direct |
| 2017-04-02 | 300,000 | 300,000 | Direct |
| 2019-12-11 | 56,000 | 56,000 | Direct |
Footnotes
- In March 2010, the Reporting Person entered into a written Rule 10b5-1 sales plan covering stock options that otherwise would expire in December 2010. Under the Rule 10b5-1 sales plan, these options were exercised automatically and the respective shares were sold automatically based on the instructions included in the sales plan.
- On October 4, 2007, the Company granted 77,000 restricted shares under the Company's 2005 Equity Incentive Plan. One-third of the restricted shares shall vest on February 28, 2011, but only if certain performance targets are met. One-third of such shares vested on each of February 27, 2009 and February 26, 2010. The holdings are net of shares previously withheld, or sold under a Rule 10b5-1 trading plan, to cover withholding taxes.
- On December 10, 2009, the Company granted 39,000 performance shares under the Company's 2005 Equity Incentive Plan, which represent the right to receive shares contingent upon the achievement of performance measures over a 3-year performance period. Shares that are earned upon the attainment of the applicable performance targets vest on March 29, 2013. The ultimate number of shares earned is subject to adjustment based on actual peformance.
- On December 10, 2009, the Company granted 29,000 restricted shares under the Company's 2005 Equity Incentive Plan. One-third of the restricted shares vest on December 10 of each of 2010, 2011 and 2012.
- On December 15, 2008, the Company granted 97,000 performance shares under the Company's 2005 Equity Incentive Plan, which represent the right to receive shares contingent upon the achievement of one or more performance measures. Shares that are earned upon the attainment of applicable performance targets shall vest on February 29, 2012. The ultimate number of shares is subject to adjustment based on actual peformance.
- Represents obligations whose value is based on the Common Stock through a contribution, exempt pursuant to Rule 16b-3(c), under the Company's Compensation Deferral Program. The reporting person disclaims beneficial ownership of these securities.
- Represents the number of units attributable to the reporting person's participation in the Company Stock Fund option of the GrafTech International Holdings Inc. Savings Plan.
- All such options have fully vested.
- On December 10, 2009, the Company granted 56,000 stock options under the Company's 2005 Equity Incentive Plan. The options vest in equal thirds on December 10 of each of 2010, 2011 and 2012. The vested portions of such options will become exercisable upon vesting.
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