4//SEC Filing
GLOBE SPECIALTY METALS INC 4
Accession 0001209191-15-086943
CIK 0001383571operating
Filed
Dec 23, 7:00 PM ET
Accepted
Dec 24, 7:56 AM ET
Size
29.9 KB
Accession
0001209191-15-086943
Insider Transaction Report
Form 4
Kestenbaum Alan
DirectorExecutive Chairman10% Owner
Transactions
- Disposition to Issuer
Restricted Stock Unit
2015-12-23−20,049→ 0 total→ Common Stock (20,049 underlying) - Disposition to Issuer
Common Stock
2015-12-23−108,578→ 0 total - Disposition to Issuer
Stock Option
2015-12-23−500,000→ 0 totalExercise: $18.81Exp: 2016-08-11→ Common Stock (500,000 underlying) - Disposition to Issuer
Restricted Stock Unit
2015-12-23−22,543→ 0 total→ Common Stock (22,543 underlying) - Disposition to Issuer
Stock Appreciation Right
2015-12-23−185,866→ 0 totalExercise: $21.36Exp: 2019-03-20→ Common Stock (185,866 underlying) - Disposition to Issuer
Stock Appreciation Right
2015-12-23−424,006→ 0 totalExercise: $12.54Exp: 2018-08-20→ Common Stock (424,006 underlying) - Disposition to Issuer
Common Stock
2015-12-23−8,778,760→ 0 total - Disposition to Issuer
Restricted Stock Unit
2015-12-23−78,239→ 0 total→ Common Stock (78,239 underlying) - Disposition to Issuer
Restricted Stock Unit
2015-12-23−16,155→ 0 total→ Common Stock (16,155 underlying) - Disposition to Issuer
Restricted Stock Unit
2015-12-23−97,339→ 0 total→ Common Stock (97,339 underlying) - Disposition to Issuer
Restricted Stock Unit
2015-12-23−127,856→ 0 total→ Common Stock (127,856 underlying) - Disposition to Issuer
Stock Appreciation Rights
2015-12-23−340,000→ 0 totalExercise: $9.18Exp: 2020-12-11→ Common Stock (340,000 underlying)
Footnotes (7)
- [F1]Disposed of pursuant to a business combination agreement by, among others, issuer, Grupo Villar Mir, S.A., and Grupo FerroAtlantica, S.A., in which each share of common stock of issuer was exchanged for one (1) share of FerroGlobe PLC common stock on the effective date of the business combination.
- [F2]These shares are restricted common stock awarded to Mr. Kestenbaum on January 27, 2011 and vest on November 13, 2020 if Mr. Kestenbaum is then employed by the issuer or earlier upon the occurrence of certain conditions set forth in Mr. Kestenbaum's employment agreement dated January 27, 2011. The terms of Mr. Kestenbaum's employment agreement are described in the issuer's Form 8-K filed on February 1, 2011.
- [F3]The awards vest and become exercisable quarterly, in sixteenths, over the course of four years from the original grant date (subject to acceleration in certain circumstances).
- [F4]These awards were cancelled in the merger in exchange for awards on the same terms for shares of FerroGlobe PLC common stock.
- [F5]Each restricted stock unit represents the right to receive cash in an amount equal to the fair market value of one share of common stock, on the date of vesting of the subject restricted stock unit.
- [F6]The awards vest and become exercisable in thirds on the first, second and third anniversary of the original grant date (subject to acceleration in certain circumstances).
- [F7]Each stock appreciation right represents the right to receive cash in an amount equal to the difference obtained by subtracting the exercise price from the fair market value of one share of the company's common stock, as of the date of exercise of the subject stock appreciation right.
Documents
Issuer
GLOBE SPECIALTY METALS INC
CIK 0001383571
Entity typeoperating
Related Parties
1- filerCIK 0001383571
Filing Metadata
- Form type
- 4
- Filed
- Dec 23, 7:00 PM ET
- Accepted
- Dec 24, 7:56 AM ET
- Size
- 29.9 KB