SEC Form 4 · accession 0000902274-16-000306
LIBBEY INC · LBY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Salvador Minarro
Officer — VP, General Mgr US & Canada
Period of report
May 3, 2016
Accepted (ET)
May 4, 2016 · 6:20 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | May 3, 2016 | S | 100 | $17.693 | D | 4,773 | D | |
| Restricted Stock UnitsF1 | May 3, 2016 | S | 3,400 | $17.684 | D | 1,373 | D | |
| Restricted Stock UnitsF1 | May 4, 2016 | S | 143 | $17.50 | D | 1,230 | D | |
| Restricted Stock UnitsF2 | May 4, 2016 | S | 2,509 | $17.50 | D | 4,243 | D | |
| Restricted Stock UnitsF3 | May 4, 2016 | S | 848 | $17.50 | D | 4,737 | D | |
| Restricted Stock UnitsF4 | holding | — | — | — | 11,028 | D | ||
| Restricted Stock UnitsF5 | holding | — | — | — | 4,315 | D | ||
| Restricted Stock UnitsF6 | holding | — | — | — | 10,158 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NQ - Stock Option (Right to Buy)F7 | $17.00 | holding | — | — | — | Feb 10, 2012 | Feb 10, 2021 | Common Shares | 7,000 | 7,000 | D |
| NQ - Stock Option (Right to Buy)F7 | $23.02 | holding | — | — | — | Feb 24, 2015 | Feb 24, 2024 | Common Shares | 6,582 | 6,582 | D |
| NQ - Stock Option (Right to Buy)F7 | $13.96 | holding | — | — | — | Aug 1, 2013 | Aug 1, 2022 | Common Shares | 3,597 | 3,597 | D |
| NQ - Stock Option (Right to Buy)F7 | $12.80 | holding | — | — | — | Feb 16, 2008 | Feb 16, 2017 | Common Shares | 2,882 | 2,882 | D |
| NQ - Stock Option (Right to Buy)F7 | $10.13 | holding | — | — | — | Feb 11, 2011 | Feb 11, 2020 | Common Shares | 6,000 | 6,000 | D |
| NQ - Stock Option (Right to Buy)F7 | $1.01 | holding | — | — | — | Feb 27, 2010 | Feb 27, 2019 | Common Shares | 7,000 | 7,000 | D |
| NQ - Stock Option (Right to Buy) | $17.13 | holding | — | — | — | Feb 17, 2017 | Feb 25, 2026 | Common Shares | 21,486 | 21,486 | D |
| NQ - Stock Option (Right to Buy)F7 | $15.35 | holding | — | — | — | Feb 15, 2009 | Feb 15, 2018 | Common Shares | 3,200 | 3,200 | D |
| NQ - Stock Option (Right to Buy)F7 | $19.02 | holding | — | — | — | Feb 22, 2014 | Feb 22, 2023 | Common Shares | 7,918 | 7,918 | D |
| NQ - Stock Option (Right to Buy)F7 | $13.95 | holding | — | — | — | Feb 17, 2013 | Feb 17, 2022 | Common Shares | 7,500 | 7,500 | D |
| NQ - Stock Option (Right to Buy)F8 | $38.06 | holding | — | — | — | Feb 17, 2016 | Mar 2, 2025 | Common Shares | 6,340 | 6,340 | D |
| NQ - Stock Option (Right to Buy)F9 | $15.47 | holding | — | — | — | Dec 31, 2013 | Dec 31, 2020 | Common Shares | 20,000 | 20,000 | D |
Explanation of responses
- F1Restricted stock unit award of 4,918 RSUs granted 8/1/2012 will vest 25% on each of the first, second, third and fourth anniversary dates provided the grantee remains continuously employed by the Company as of those respective dates.
- F2Restricted stock unit award of 6,939 RSUs granted 2/22/2013 will vest 25% on each of the first, second, third and fourth anniversary dates provided the grantee remains continuously employed by the Company as of those respective dates.
- F3Restricted stock unit award of 5,781 RSUs granted 2/24/2014 will vest 25% on each of the first, second, third and fourth anniversary dates provided the grantee remains continuously employed by the Company as of those respective dates.
- F4Restricted Stock Unit award of 12,000 RSUs granted 3/2/2015 will vest 25% 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.
- F5Restricted stock unit award of 4,695 RSUs granted 3/2/2015 will vest 25% on each of the first, second, third and fourth anniversary dates provided the grantee remains continuously employed by the Company as of those respective dates.
- F6Restricted stock units will vest 25% on February 17th of each of 2017, 2018, 2019 and 2020 provided the grantee remains continuously employed by the Company as of those respective dates.
- F7The options become exercisable for 25% of the shares on each of the first, second, third, and fourth anniversary dates.
- F8The 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.
- F9Stock option vests 100% on 12/31/2013.