GRAFTECH INTERNATIONAL LTD — Director's Dealing 2010

Jul 19, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAFTECH INTERNATIONAL LTD (GTI)
CIK: 0000931148
Period of Report: 2010-07-15

Reporting Person: MCCLEAN FERRELL P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-07-15	Common Stock	A	1204	—	Acquired	52646	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3400	Indirect
Common Stock	12000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Time options (right to buy)	$10.50	2012-06-26	Common Stock (5000)	5000	Direct
Time options (right to buy)	$10.50	2012-02-26	Common Stock (5321)	5321	Direct
Time options (right to buy)	$5.15	2013-01-14	Common Stock (12800)	12800	Direct
Time options (right to buy)	$13.37	2014-01-15	Common Stock (3500)	3500	Direct

Footnotes

F1: The reporting person has elected, pursuant to the Company's equity compensation plans, to receive deferred shares of common stock in lieu of cash for payment of director fees.

F2: The reporting person disclaims beneficial ownership of such shares.

F3: All such options have fully vested and became exercisable.