Timothy K. Flanagan - Feb 25, 2023 Form 4 Insider Report for GRAFTECH INTERNATIONAL LTD (EAF)

Signature
/s/ Andrew J. Renacci, by power of attorney
Stock symbol
EAF
Transactions as of
Feb 25, 2023
Transactions value $
-$20,815
Form type
4
Date filed
2/28/2023, 05:19 PM
Previous filing
Jan 4, 2023
Next filing
Apr 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EAF Common Stock Options Exercise +10.4K 10.4K Feb 25, 2023 Direct F1
transaction EAF Common Stock Tax liability -$20.8K -3.72K -35.65% $5.60 6.71K Feb 25, 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 +47K $0.00 47K Feb 25, 2023 Common Stock 47K Direct F2, F3
transaction EAF Restricted Stock Units Options Exercise $0 -10.4K -20% $0.00 41.7K Feb 25, 2023 Common Stock 10.4K Direct F1, F4
transaction EAF Employee Stock Option (right to buy) Award $0 +42.7K $0.00 42.7K Feb 25, 2023 Common Stock 42.7K $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 convert into 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 51,772 RSUs, which also accrue additional RSUs pursuant to dividend equivalent rights based upon the closing pricing 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.