Jeremy S. Halford - 25 Feb 2023 Form 4 Insider Report for GRAFTECH INTERNATIONAL LTD (EAF)

Signature
/s/ Andrew J. Renacci, by power of attorney
Issuer symbol
EAF
Transactions as of
25 Feb 2023
Net transactions value
-$21,963
Form type
4
Filing time
28 Feb 2023, 17:17:39 UTC
Previous filing
04 Jan 2023
Next filing
03 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EAF Common Stock Options Exercise +11,000 +15% 85,997 25 Feb 2023 Direct F1
transaction EAF Common Stock Tax liability $21,963 -3,922 -4.6% $5.60 82,075 25 Feb 2023 Direct

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 Award $0 +58,746 $0.000000 58,746 25 Feb 2023 Common Stock 58,746 Direct F2, F3
transaction EAF Restricted Stock Units Options Exercise $0 -11,000 -20% $0.000000 43,999 25 Feb 2023 Common Stock 11,000 Direct F1, F4
transaction EAF Employee Stock Option (right to buy) Award $0 +53,275 $0.000000 53,275 25 Feb 2023 Common Stock 53,275 $5.60 Direct F5
* 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 Each restricted stock unit (RSU) represents a contingent right to receive one share of EAF common stock.
F3 The RSUs vest in three equal annual installments beginning on February 25, 2024.
F4 On February 25, 2022, the reporting person was granted 54,623 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 beginning on February 25, 2023.
F5 The stock option vests in three equal annual installments beginning on February 25, 2024.