SEC Form 4 · accession 0001209191-15-058089
GLOBE SPECIALTY METALS INC · GSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Franklin Lavin
Director
Period of report
Jul 1, 2015
Accepted (ET)
Jul 1, 2015 · 5:17 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1 | $0.00 | Jul 1, 2015 | A | 1,695 | A | Jun 30, 2016 | Jun 30, 2016 | Common Stock | 1,695 | 1,695 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive cash five business days after June 30, 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.