SEC Form 4 · accession 0001209191-15-020383
GLOBE SPECIALTY METALS INC · GSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Alan Richard Schriber
Director
Period of report
Feb 27, 2015
Accepted (ET)
Mar 2, 2015 · 5:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001383571
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF1,F2 | $16.70 | Feb 27, 2015 | A | 2,303 | A | — | Feb 27, 2020 | Common Stock | 2,303 | 2,303 | D |
| Restricted Stock UnitF3 | $0.00 | Feb 27, 2015 | A | 1,078 | A | Feb 27, 2016 | Feb 27, 2016 | Common Stock | 1,078 | 1,078 | D |
Explanation of responses
- F1Each stock appreciation right represents the right to receive cash on the exercise date (subject to acceleration in certain circumstances) 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, $0.0001 par value, as of the date of exercise of the subject stock appreciation right.
- F2The stock appreciation rights vest and become exercisable in thirds on the first, second, and third anniversary of the grant date (subject to acceleration in certain circumstances).
- F3Each restricted stock unit represents the right to receive cash five business days after February 27, 2016 (subject to acceleration in certain circumstances) in an amount equal to the fair market value of one share of the company's common stock, $0.0001 par value, as of the date of vesting of the subject restricted stock unit.