Marcel Kessler - 09 Nov 2024 Form 4 Insider Report for GRAFTECH INTERNATIONAL LTD (EAF)

Role: Director
Signature: /s/ Andrew J. Renacci, by power of attorney
Issuer symbol: EAF
Transactions as of: 09 Nov 2024
Net transactions value: -$35,995
Form type: 4
Filing time: 12 Nov 2024, 15:37:57 UTC
Previous filing: 10 May 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		+56,497	+453%		68,977	09 Nov 2024	Direct	F1
transaction	EAF	Common Stock	Tax liability	$35,995	-16,899	-24%	$2.13	52,078	09 Nov 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	-56,497	-100%	$0.000000	0	09 Nov 2024	Common Stock	56,497		Direct	F1, F2

* 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 with cash being paid in lieu of any fractional RSUs.
F2	On May 9, 2024, the reporting person was granted 56,497.1751 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. On August 2, 2023, GrafTech International Ltd.'s Board of Directors elected to suspend the quarterly cash dividend of $0.01 per share. The RSUs vested on November 9, 2024.

Content

Restricted Stock Units (RSUs) convert into shares of EAF common stock on a one-for-one basis with cash being paid in lieu of any fractional RSUs.

On May 9, 2024, the reporting person was granted 56,497.1751 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. On August 2, 2023, GrafTech International Ltd.'s Board of Directors elected to suspend the quarterly cash dividend of $0.01 per share. The RSUs vested on November 9, 2024.