Salvador Minarro Form 4 LIBBEY / Salvador Minarro ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Minarro Salvador

(Last) (First) (Middle)

300 MADISON AVENUE

(Street)

TOLEDO OH 43604

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LIBBEY INC [ LBY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
VP, General Mgr US & Canada

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2017

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Restricted Stock Units	03/01/2017		A		7,579(1)	A	$13.6	39,392	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
NQ - Stock Option (Right to Buy)	$13.6	03/01/2017		A		15,329		02/17/2018(2)	03/01/2027	Common Stock	15,329	$13.6	15,329	D
NQ - Stock Option (Right to Buy)	$17							02/10/2012(3)	02/10/2021	Common Shares	7,000		7,000	D
NQ - Stock Option (Right to Buy)	$23.02							02/24/2015(3)	02/24/2024	Common Shares	6,582		6,582	D
NQ - Stock Option (Right to Buy)	$13.96							08/01/2013(3)	08/01/2022	Common Shares	3,597		3,597	D
NQ - Stock Option (Right to Buy)	$15.47							12/31/2013(4)	12/31/2020	Common Shares	20,000		20,000	D
NQ - Stock Option (Right to Buy)	$10.13							02/11/2011(3)	02/11/2020	Common Shares	6,000		6,000	D
NQ - Stock Option (Right to Buy)	$17.13							02/17/2017	02/25/2026	Common Shares	21,486		21,486	D
NQ - Stock Option (Right to Buy)	$15.35							02/15/2009(3)	02/15/2018	Common Shares	3,200		3,200	D
NQ - Stock Option (Right to Buy)	$19.02							02/22/2014(3)	02/22/2023	Common Shares	7,918		7,918	D
NQ - Stock Option (Right to Buy)	$13.95							02/17/2013(3)	02/17/2022	Common Shares	7,500		7,500	D
NQ - Stock Option (Right to Buy)	$38.06							02/17/2016(5)	03/02/2025	Common Shares	6,340		6,340	D
NQ - Stock Option (Right to Buy)	$1.01							02/27/2010(3)	02/27/2019	Common Shares	7,000		7,000	D

Explanation of Responses:

1. Restricted stock units will vest 25% on February 17th of each of 2018, 2019, 2020 and 2021 provided the grantee remains continuously employed by the Company as of those respective dates.

2. The options become exercisable for 25% of the shares on February 17th of each of 2018, 2019, 2020 and 2021 provided the grantee remains continuously employed by the Company as of those respective dates.

3. The options become exercisable for 25% of the shares on each of the first, second, third, and fourth anniversary dates.

4. Stock option vests 100% on 12/31/2013.

5. The options become exercisable for 25% of the shares on February 17th of each of 2016, 2017, 2018 and 2019 provided the grantee remains continuously employed by the Company as of those respective dates.

Remarks:

	Debbie Hyndman, Attorney-in-Fact for Salvador Minarro	03/03/2017
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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