SEC Form 4 · accession 0000902274-15-000198
LIBBEY INC · LBY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy T Paige
Officer — Vice President-Human Resources
Period of report
Nov 19, 2015
Accepted (ET)
Nov 20, 2015 · 6:30 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000902274
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 19, 2015 | S | 3,000 | $25.21 | D | 30,076 | D | |
| Common StockF1 | holding | — | — | — | 18,817 | I | By 401k Plan | |
| Restricted Stock Units | holding | — | — | — | 3,270 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F2 | $10.13 | holding | — | — | — | Feb 11, 2011 | Feb 11, 2020 | Common Stock | 5,487 | 5,487 | D |
| Non-Qualified Stock Option (right to buy)F2 | $1.07 | holding | — | — | — | Feb 12, 2010 | Feb 12, 2019 | Common Stock | 1,207 | 1,207 | D |
| NQ - Stock Option (Right to Buy)F2 | $23.02 | holding | — | — | — | Feb 24, 2015 | Feb 24, 2024 | Common Stock | 6,017 | 6,017 | D |
| Non-Qualified Stock Option (right to buy)F2 | $15.35 | holding | — | — | — | Feb 15, 2009 | Feb 15, 2018 | Common Stock | 3,995 | 3,995 | D |
| Non-Qualified Stock Option (right to buy)F3 | $12.80 | holding | — | — | — | — | Feb 17, 2017 | Common Stock | 2,632 | 2,632 | D |
| Non-Qualified Stock Option (right to buy)F2 | $19.02 | holding | — | — | — | Feb 22, 2014 | Feb 22, 2023 | Common Stock | 6,818 | 6,818 | D |
| Non-Qualified Stock Option (right to buy)F2 | $13.95 | holding | — | — | — | Feb 17, 2013 | Feb 17, 2022 | Common Stock | 4,478 | 4,478 | D |
| NQ - Stock Option (Right to Buy)F4 | $38.06 | holding | — | — | — | Feb 17, 2016 | Mar 2, 2025 | Common Stock | 4,417 | 4,417 | D |
| NQ - Stock Option (Right to Buy) | $38.06 | holding | — | — | — | Feb 17, 2016 | Mar 2, 2025 | Common Stock | 4,417 | 4,417 | D |
| Non-Qualified Stock Option (right to buy)F2 | $17.00 | holding | — | — | — | Feb 10, 2012 | Feb 10, 2021 | Common Stock | 3,511 | 3,511 | D |
Explanation of responses
- F1The information reported herein is based upon information received from the record keeper of the Libbey Inc. 401k/104m plan. The Libbey Inc. shares attributed to the participant in this report as being held by the plan are the equivalent number of the shares the participant would receive of his entire Libbey Inc. share account if it was distributed to him in Libbey Inc. shares. The actual account in the plan consists of the Libbey Inc. shares and cash.
- F2The options become exercisable for 25% of the shares on each of the first, second, third, and fourth anniversary dates.
- F3There were two grants on February 16, 2007. The grant of 4,504 options become exercisable for 25% of the shares on each of the first, second, third and fourth anniversary dates. The grant of 4,128 options become exercisable for 33% of the shares on the first, second and third anniversary dates.
- F4The options become exercisable for 25% of the shares on February 17th of each of 2016, 2017, 2018 and 2019 provided the grantee remains continuously employed by the Company as of those respective dates.