Timothy K. Flanagan - 25 Feb 2025 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 2025
Transactions value $
-$11,121
Form type
4
Filing time
26 Feb 2025, 16:37:56 UTC
Previous filing
13 Feb 2025
Next filing
14 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EAF Common Stock Options Exercise +10.5K +14.23% 84K 25 Feb 2025 Direct F1
transaction EAF Common Stock Tax liability -$4.44K -3.73K -4.44% $1.19 80.3K 25 Feb 2025 Direct
transaction EAF Common Stock Options Exercise +15.7K +19.6% 96.1K 25 Feb 2025 Direct F1
transaction EAF Common Stock Tax liability -$6.68K -5.61K -5.84% $1.19 90.4K 25 Feb 2025 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 -10.5K -33.33% $0.00 20.9K 25 Feb 2025 Common Stock 10.5K Direct F1, F2
transaction EAF Restricted Stock Units Options Exercise $0 -15.7K -50% $0.00 15.7K 25 Feb 2025 Common Stock 15.7K Direct F1, F3
transaction EAF Restricted Stock Units Award $0 +540K $0.00 540K 25 Feb 2025 Common Stock 540K Direct F4, 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 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.
F4 Each RSU represents a contingent right to receive one share of EAF common stock.
F5 The RSUs vest in three equal annual installments beginning on February 25, 2026.