CARBIDE GRAPHITE GROUP INC /DE/
4, 1998-08-20
ELECTRICAL INDUSTRIAL APPARATUS
Previous: ALLIANCE BANCORP, SC 13D/A, 1998-08-20
Next: AQUILA NARRAGANSETT INSURED TAX FREE INCOME FUND, NSAR-B, 1998-08-20



UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
   Dippolito, Richard M.
   One Gateway Center
   19th Floor
   Pittsburgh, PA  15222
   USA
2. Issuer Name and Ticker or Trading Symbol
   The Carbide/Graphite Group, Inc.
   CGGI
3. IRS or Social Security Number of Reporting Person (Voluntary)
   
4. Statement for Month/Year
   July, 1998
5. If Amendment, Date of Original (Month/Year)
   August 10, 1998
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
   (specify below)
   Vice President - Carbide Sales
7. Individual or Joint/Group Filing (Check Applicable Line)
   (X) Form filed by One Reporting Person
   ( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned                                                 |
___________________________________________________________________________________________________________________________________|
1. Title of Security       |2.    |3.    |4.Securities Acquired (A)         |5.Amount of        |6.Dir |7.Nature of Indirect       |
                           | Transaction |  or Disposed of (D)              |  Securities       |ect   |  Beneficial Ownership     |
                           |      |      |                                  |  Beneficially     |(D)or |                           |
                           |      |    | |                  | A/|           |  Owned at         |Indir |                           |
                           | Date |Code|V|    Amount        | D |    Price  |  End of Month     |ect(I)|                           |
___________________________________________________________________________________________________________________________________|
<S>                        <C>    <C>  <C><C>               <C> <C>         <C>                 <C>    <C>
  Common Stock, $0.01 par v|7/2/98|S   | |400               |D  |$27.875    |0                  |      |                           |
alue                       |      |    | |                  |   |           |                   |      |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned                                                   |
___________________________________________________________________________________________________________________________________|
1.Title of Derivative |2.Con-  |3.   |4.    |5.Number of De |6.Date Exer|7.Title and Amount  |8.Price|9.Number    |10.|11.Nature of|
  Security            |version |Transaction | rivative Secu |cisable and|  of Underlying     |of Deri|of Deriva   |Dir|Indirect    |
                      |or Exer |     |      | rities Acqui  |Expiration |  Securities        |vative |tive        |ect|Beneficial  |
                      |cise    |     |      | red(A) or Dis |Date(Month/|                    |Secu   |Securities  |(D)|Ownership   |
                      |Price of|     |      | posed of(D)   |Day/Year)  |                    |rity   |Benefi      |or |            |
                      |Deriva- |     |      |               |Date |Expir|                    |       |ficially    |Ind|            |
                      |tive    |     |      |           | A/|Exer-|ation|   Title and Number |       |Owned at    |ire|            |
                      |Secu-   |     |    | |           | D |cisa-|Date |   of Shares        |       |End of      |ct |            |
                      |rity    |Date |Code|V|  Amount   |   |ble  |     |                    |       |Month       |(I)|            |
___________________________________________________________________________________________________________________________________|
<S>                   <C>      <C>   <C>  <C><C>        <C> <C>   <C>   <C>          <C>     <C>     <C>          <C> <C>
  Employee Stock Optio|$15.75  |     |    | |           |   |(1)  |7/31/|Common Stock|       |       |6,000       |D  |            |
ns                    |        |     |    | |           |   |     |06   |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
  (Right to Buy)      |        |     |    | |           |   |     |     |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
  Employee Stock Optio|$28.875 |     |    | |           |   |(2)  |7/31/|Common Stock|       |       |6,000       |D  |            |
ns                    |        |     |    | |           |   |     |07   |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
  (Right to Buy)      |        |     |    | |           |   |     |     |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
 Employee Stock Option|$21.5312|7/31/|A   | |6,000      |A  |(3)  |7/31/|Common Stock|       |       |6,000       |D  |            |
 (Right to Buy)       |5       |98   |    | |           |   |     |08   |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
                      |        |     |    | |           |   |     |     |            |       |       |            |   |            |
___________________________________________________________________________________________________________________________________|
</TABLE>
Explanation of Responses:
(1)  Options vest and become exercisable as follows: 2,000 on July 31, 1997; 
2,000 on July 31, 1998; and 2,000 
on July 31, 
1999.
(2)  Options vest and become exercisable as follows: 2,000 on July 31, 1998; 
2,000 on July 31, 1999; and 2,000 
on July 31, 
2000.
(3)  Options vest and become exercisable as follows: 2,000 on July 31, 1999; 
2,000 on July 31, 2000; and 2,000 
on July 31, 
2001.
Note:  This filing amends a previously filed Form 4 dated August 10, 1998 to 
report the sale of 400 shares of 
Common Stock in July, 
1998.
SIGNATURE OF REPORTING PERSON
Filed by EDGAR - Manual signature maintained by the Company
DATE
  August 20, 1998



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission