SEC Form 4/A · accession 0000902274-18-000044
LIBBEY INC · LBY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
William A Foley
Officer — Chief Executive Officer · Director
Period of report
Feb 17, 2018
Accepted (ET)
Mar 26, 2018 · 5:19 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,F2 | Feb 17, 2018 | F | 7,852 | $6.07 | D | 90,812 | D | |
| Common Stock | holding | — | — | — | 52,732 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF4,F3 | $0.00 | holding | — | — | — | Aug 8, 1988 | Aug 8, 1988 | Common Stock | 12,915 | 12,915 | D |
| NQ - Stock Option (Right to Buy) | $17.13 | holding | — | — | — | Feb 17, 2017 | Feb 25, 2026 | Common Stock | 126,598 | 126,598 | D |
| NQ - Stock Option (Right to Buy) | $13.60 | holding | — | — | — | Feb 17, 2018 | Mar 1, 2027 | Common Stock | 88,550 | 88,550 | D |
Explanation of responses
- F1Reflects shares withheld to satisfy tax withholding obligations on restricted stock units that vested.
- F2Corrects shares withheld for tax which was incorrectly stated on previously filed Form 4.
- F3Phantom stock units acquired under the Libbey director's deferred compensation plan (the "Plan"), a 16b-3 plan, in lieu of cash compensation earned as a director for board and board committee service. Each phantom stock unit is the economic equivalent of one share of Libbey Inc. common stock. The number of phantom stock units acquired is equivalent to the dollar value of the compensation earned based on the market value of Libbey Inc. shares at the time the compensation was earned. The market value of Libbey Inc. shares is the closing price of the Libbey Inc. shares on the New York Stock Exchange on the day the compensation is earned. The units earned are settled in cash at such time as prescribed by the Plan.
- F4Total includes 216.241 phantom stock units acquired on November 22, 2017 under the Plan's dividend-equivalent reinvestment feature.