GRAFTECH INTERNATIONAL LTD — Director's Dealing 2010

Dec 3, 2010

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: GRAFTECH INTERNATIONAL LTD (GTI)
CIK: 0000931148
Period of Report: 2010-11-30

Reporting Person: LAYMAN HAROLD E (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	56885	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (right to buy)	$2.83	2013-03-18	Common Stock (5000)		Direct
Stock Options (right to buy)	$2.83	2013-03-18	Common Stock (10135)		Direct
Stock Options (right to buy)	$13.37	2014-01-15	Common Stock (3500)		Direct

Footnotes

F1: Represent deferred shares of common stock payable in lieu of cash for director's fees.

F2: All such options have fully vested and become exercisable.

F3: Options expire on the earlier of such date or the fourth annivesary of termination of directorship.