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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Appreciation Right (1) | $ 16.7 | 02/27/2015 | A | 2,303 | (2) | 02/27/2020 | Common Stock | 2,303 | $ 0 | 2,303 | D | ||||
Restricted Stock Unit (3) | $ 0 | 02/27/2015 | A | 1,078 | 02/27/2016 | 02/27/2016 | Common Stock | 1,078 | $ 0 | 1,078 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Schriber Alan Richard C/O GLOBE SPECIALTY METALS, INC. 600 BRICKELL AVENUE, STE. 1500 MIAMI, FL 33131 |
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/s/ Stephen Lebowitz, attorney-in-fact | 03/02/2015 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Each stock appreciation right represents the right to receive cash on the exercise date (subject to acceleration in certain circumstances) 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, $0.0001 par value, as of the date of exercise of the subject stock appreciation right. |
(2) | The stock appreciation rights vest and become exercisable in thirds on the first, second, and third anniversary of the grant date (subject to acceleration in certain circumstances). |
(3) | Each restricted stock unit represents the right to receive cash five business days after February 27, 2016 (subject to acceleration in certain circumstances) in an amount equal to the fair market value of one share of the company's common stock, $0.0001 par value, as of the date of vesting of the subject restricted stock unit. |