SEC Form 4 · accession 0000902274-17-000041
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
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 9:31 pm 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 |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | Mar 1, 2017 | A | 7,579 | $13.60 | A | 39,392 | 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)F2 | $13.60 | Mar 1, 2017 | A | 15,329 | A | Feb 17, 2018 | Mar 1, 2027 | Common Stock | 15,329 | 15,329 | D |
| NQ - Stock Option (Right to Buy)F3 | $17.00 | holding | — | — | — | Feb 10, 2012 | Feb 10, 2021 | Common Shares | 7,000 | 7,000 | D |
| NQ - Stock Option (Right to Buy)F3 | $23.02 | holding | — | — | — | Feb 24, 2015 | Feb 24, 2024 | Common Shares | 6,582 | 6,582 | D |
| NQ - Stock Option (Right to Buy)F3 | $13.96 | holding | — | — | — | Aug 1, 2013 | Aug 1, 2022 | Common Shares | 3,597 | 3,597 | D |
| NQ - Stock Option (Right to Buy)F4 | $15.47 | holding | — | — | — | Dec 31, 2013 | Dec 31, 2020 | Common Shares | 20,000 | 20,000 | D |
| NQ - Stock Option (Right to Buy)F3 | $10.13 | holding | — | — | — | Feb 11, 2011 | Feb 11, 2020 | Common Shares | 6,000 | 6,000 | 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)F3 | $15.35 | holding | — | — | — | Feb 15, 2009 | Feb 15, 2018 | Common Shares | 3,200 | 3,200 | D |
| NQ - Stock Option (Right to Buy)F3 | $19.02 | holding | — | — | — | Feb 22, 2014 | Feb 22, 2023 | Common Shares | 7,918 | 7,918 | D |
| NQ - Stock Option (Right to Buy)F3 | $13.95 | holding | — | — | — | Feb 17, 2013 | Feb 17, 2022 | Common Shares | 7,500 | 7,500 | D |
| NQ - Stock Option (Right to Buy)F5 | $38.06 | holding | — | — | — | Feb 17, 2016 | Mar 2, 2025 | Common Shares | 6,340 | 6,340 | D |
| NQ - Stock Option (Right to Buy)F3 | $1.01 | holding | — | — | — | Feb 27, 2010 | Feb 27, 2019 | Common Shares | 7,000 | 7,000 | D |
Explanation of responses
- F1Restricted stock units will vest 25% on February 17th of each of 2018, 2019, 2020 and 2021 provided the grantee remains continuously employed by the Company as of those respective dates.
- F2The options become exercisable for 25% of the shares on February 17th of each of 2018, 2019, 2020 and 2021 provided the grantee remains continuously employed by the Company as of those respective dates.
- F3The options become exercisable for 25% of the shares on each of the first, second, third, and fourth anniversary dates.
- F4Stock option vests 100% on 12/31/2013.
- F5The 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.