GRAFTECH INTERNATIONAL LTD — Director's Dealing 2012

Jul 18, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAFTECH INTERNATIONAL LTD (GTI)
CIK: 0000931148
Period of Report: 2012-07-16

Reporting Person: SHAWLEY STEVEN R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-07-16	Common Stock	A	3621	$0.00	Acquired	22559	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (right to buy)	$15.06	2020-05-20	Common Stock (5000)	5000	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: All such options have fully vested and became exercisable.

F3: Options expire on such date unless reporting person ceases to be a director, in which event options expire fours years from the date reporting person's directorship ends.