SEC Form 4 · accession 0001209191-15-071757
GLOBE SPECIALTY METALS INC · GSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan Kestenbaum
Officer — Executive Chairman · Director · 10% Owner
Period of report
Sep 18, 2015
Accepted (ET)
Sep 22, 2015 · 11:56 am 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,F2 | $0.00 | Sep 18, 2015 | A | 127,856 | A | — | — | Common Stock | 127,856 | 127,856 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive cash in an amount equal to the fair market value of one share of common stock, $0.0001 par value of the company.
- F2The restricted stock units vest according to the following schedule: (a) 42,618 restricted stock units vest on September 18, 2016, (b) 42,619 restricted stock units vest on September 18, 2017, and (c) 42,619 restricted stock units vest on September 18, 2018.