X0306 4 2015-12-23 1 0001383571 GLOBE SPECIALTY METALS INC GSM 0001323226 Kestenbaum Alan C/O GLOBE SPECIALTY METALS, INC. 600 BRICKELL AVENUE, SUITE 3100 MIAMI FL 33131 1 1 1 0 Executive Chairman Common Stock 2015-12-23 4 D 0 8778760 D 0 D Common Stock 2015-12-23 4 D 0 108578 D 0 D Stock Option 18.81 2015-12-23 4 D 0 500000 D 2016-08-11 Common Stock 500000 0 D Restricted Stock Unit 2015-12-23 4 D 0 22543 D Common Stock 22543 0 D Restricted Stock Unit 2015-12-23 4 D 0 20049 D Common Stock 20049 0 D Restricted Stock Unit 2015-12-23 4 D 0 78239 D Common Stock 78239 0 D Restricted Stock Unit 2015-12-23 4 D 0 16155 D Common Stock 16155 0 D Restricted Stock Unit 2015-12-23 4 D 0 127856 D Common Stock 127856 0 D Restricted Stock Unit 2015-12-23 4 D 0 97339 D Common Stock 97339 0 D Stock Appreciation Right 12.54 2015-12-23 4 D 0 424006 D 2018-08-20 Common Stock 424006 0 D Stock Appreciation Right 21.36 2015-12-23 4 D 0 185866 D 2019-03-20 Common Stock 185866 0 D Stock Appreciation Rights 9.18 2015-12-23 4 D 0 340000 D 2020-12-11 Common Stock 340000 0 D Disposed of pursuant to a business combination agreement by, among others, issuer, Grupo Villar Mir, S.A., and Grupo FerroAtlantica, S.A., in which each share of common stock of issuer was exchanged for one (1) share of FerroGlobe PLC common stock on the effective date of the business combination. These shares are restricted common stock awarded to Mr. Kestenbaum on January 27, 2011 and vest on November 13, 2020 if Mr. Kestenbaum is then employed by the issuer or earlier upon the occurrence of certain conditions set forth in Mr. Kestenbaum's employment agreement dated January 27, 2011. The terms of Mr. Kestenbaum's employment agreement are described in the issuer's Form 8-K filed on February 1, 2011. The awards vest and become exercisable quarterly, in sixteenths, over the course of four years from the original grant date (subject to acceleration in certain circumstances). These awards were cancelled in the merger in exchange for awards on the same terms for shares of FerroGlobe PLC common stock. Each restricted stock unit represents the right to receive cash in an amount equal to the fair market value of one share of common stock, on the date of vesting of the subject restricted stock unit. The awards vest and become exercisable in thirds on the first, second and third anniversary of the original grant date (subject to acceleration in certain circumstances). Each stock appreciation right represents the right to receive cash in an amount equal to the difference obtained by subtracting the exercise price from the fair market value of one share of the company's common stock, as of the date of exercise of the subject stock appreciation right. /s/Stephen Lebowitz 2015-12-24