Timothy K. Flanagan - 25 Feb 2024 Form 4 Insider Report for GRAFTECH INTERNATIONAL LTD (EAF)

Role
Interim CEO and President
Signature
/s/ Andrew J. Renacci, by power of attorney
Issuer symbol
EAF
Transactions as of
25 Feb 2024
Net transactions value
-$12,617
Form type
4
Filing time
27 Feb 2024, 15:00:46 UTC
Previous filing
05 Jul 2023
Next filing
12 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EAF Common Stock Options Exercise +10,468 +156% 17,176 25 Feb 2024 Direct F1
transaction EAF Common Stock Tax liability $5,040 -3,733 -22% $1.35 13,443 25 Feb 2024 Direct
transaction EAF Common Stock Options Exercise +15,742 +117% 29,185 25 Feb 2024 Direct F1
transaction EAF Common Stock Tax liability $7,578 -5,613 -19% $1.35 23,572 25 Feb 2024 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 Options Exercise $0 -10,469 -25% $0.000000 31,404 25 Feb 2024 Common Stock 10,469 Direct F1, F2
transaction EAF Restricted Stock Units Options Exercise $0 -15,742 -33% $0.000000 31,486 25 Feb 2024 Common Stock 15,742 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 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 price of EAF stock as of the dividend payment date if a dividend is declared by the Board of Directors. The RSUs vest in five equal annual installments beginning on February 25, 2023.
F3 On February 25, 2023, the reporting person was granted 47,038 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 if a dividend is declared by the Board of Directors. The RSUs vest in three equal annual installments beginning on February 25, 2024.