Statement of Changes of Beneficial Ownership


FORM 4
[ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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OMB Number: 3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Lebowitz Stephen
2. Issuer Name and Ticker or Trading Symbol

GLOBE SPECIALTY METALS INC [ GSM ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Legal Officer
(Last)          (First)          (Middle)

C/O GLOBE SPECIALTY METALS, INC., 600 BRICKELL AVENUE, SUITE 3100
3. Date of Earliest Transaction (MM/DD/YYYY)

12/23/2015
(Street)

MIAMI, FL 33131
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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
Stock Option   $18.81   12/23/2015     D         68750      (1) 8/11/2016   Common Stock   68750     (2) 0   D    
Restricted Stock Unit     (3) 12/23/2015     D         2019      (1)   (1) Common Stock   2019     (2) 0   D    
Restricted Stock Unit     (3) 12/23/2015     D         3080      (1)   (1) Common Stock   3080     (2) 0   D    
Restricted Stock Unit     (3) 12/23/2015     D         2872      (1)   (1) Common Stock   2872     (2) 0   D    
Restricted Stock Unit     (3) 12/23/2015     D         1410      (1)   (1) Common Stock   1410     (2) 0   D    
Stock Appreciation Right   $11.28   (4) 12/23/2015     D         23585      (5) 7/12/2018   Common Stock   23585     (2) 0   D    
Stock Appreciation Right   $12.54   (4) 12/23/2015     D         159801      (1) 8/20/2018   Common Stock   159801     (2) 0   D    
Stock Appreciation Right   $21.17   (4) 12/23/2015     D         10000      (1) 4/24/2020   Common Stock   10000     (2) 0   D    
Stock Appreciation Right   $9.18   (4) 12/23/2015     D         25000      (1) 12/11/2020   Common Stock   25000     (2) 0   D    

Explanation of Responses:
( 1)  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).
( 2)  These awards were cancelled in a merger pursuant to a business combination agreement by, among others, issuer, Grupo Villar Mir, S.A., and Grupo FerroAtlantica, S.A. in exchange for awards on the same terms for shares of FerroGlobe PLC common stock.
( 3)  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.
( 4)  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.
( 5)  The awards vest in thirds on the first, second and third anniversary of the original grant date (subject to acceleration in certain circumstances) and become exercisable on January 8, 2017.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Lebowitz Stephen
C/O GLOBE SPECIALTY METALS, INC.
600 BRICKELL AVENUE, SUITE 3100
MIAMI, FL 33131


Chief Legal Officer

Signatures
/s/ Stephen Lebowitz 12/24/2015
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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