Quinn J. Coburn - May 27, 2021 Form 4 Insider Report for GRAFTECH INTERNATIONAL LTD (EAF)

Role
CFO, VP Finance & Treasurer
Signature
/s/ Gina K. Gunning, by power of attorney
Stock symbol
EAF
Transactions as of
May 27, 2021
Transactions value $
$0
Form type
4
Date filed
6/1/2021, 05:38 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EAF Common Stock Options Exercise +38K +2241.89% 39.7K May 27, 2021 Direct F1
transaction EAF Common Stock Options Exercise +10.6K +26.59% 50.3K May 27, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EAF Restricted Stock Units Options Exercise $0 -38K -100% $0.00* 0 May 27, 2021 Common Stock 38K Direct F1, F2
transaction EAF Restricted Stock Units Options Exercise $0 -10.6K -100% $0.00* 0 May 27, 2021 Common Stock 10.6K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units (RSUs) convert into shares of EAF common stock on a one-for-one basis.
F2 On March 4, 2021, the reporting person was granted 38,000 RSUs, which also accrue additional RSUs pursuant to dividend equivalent rights based upon the closing price of EAF stock as of the dividend payment date. The RSUs vest in five equal annual installments unless a Change in Control (as defined under the applicable award agreement) occurs, in which case any then-outstanding unvested RSUs immediately vest in full as of the date of such Change in Control. On May 27, 2021, a Change in Control occurred.
F3 On February 25, 2020, the reporting person was granted 13,000 RSUs, which also accrue additional RSUs pursuant to dividend equivalent rights based upon the closing price of EAF stock as of the dividend payment date. The RSUs vest in five equal annual installments unless a Change in Control (as defined under the applicable award agreement) occurs, in which case any then-outstanding unvested RSUs immediately vest in full as of the date of such Change in Control. On May 27, 2021, a Change in Control occurred.