UCAR INTERNATIONAL INC
4, 2000-03-10
ELECTRICAL INDUSTRIAL APPARATUS
Previous: UCAR INTERNATIONAL INC, 4, 2000-03-10
Next: UCAR INTERNATIONAL INC, 4, 2000-03-10



UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
(X) 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
   Beling, Luiz
   3102 West End Avenue, Suite 1100
   Nashville, TN  37203
2. Issuer Name and Ticker or Trading Symbol
   UCAR International Inc.
   UCR
3. IRS or Social Security Number of Reporting Person (Voluntary)

4. Statement for Month/Year
   03/10/2000
5. If Amendment, Date of Original (Month/Year)

6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
   (specify below)
   Director - International Specialty Busikness
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               |      |    | |                  |   |           |11,354             |D     |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Stock               |      |    | |                  |   |           |1,867              |I     |(1)                        |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Stock               |03/01/|J   |V|8,307             |A  |$15.39     |8,307              |I     |(4)                        |
                           |00    |    | |                  |   |           |                   |      |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
<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>
Performance Option (ri|$7.60   |     |    | |           |   |12/08|1/25/|Common Stock|10,472 |       |10,472      |D  |            |
ght to buy)           |        |     |    | |           |   |/97  |07   |, par value |       |       |            |   |            |
                      |        |     |    | |           |   |     |     |$.01 per sha|       |       |            |   |            |
                      |        |     |    | |           |   |     |     |re          |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Time Option (right to |$35.00  |     |    | |           |   |(2)  |2/8/0|Common Stock|5,000  |       |5,000(2)    |D  |            |
buy)                  |        |     |    | |           |   |     |6    |, par value |       |       |            |   |            |
                      |        |     |    | |           |   |     |     |$.01 per sha|       |       |            |   |            |
                      |        |     |    | |           |   |     |     |re          |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Time Option (right to |$17.0625|     |    | |           |   |(3)  |9/28/|Common Stock|50,000 |       |50,000      |D  |            |
buy)                  |        |     |    | |           |   |     |08   |, par value |       |       |            |   |            |
                      |        |     |    | |           |   |     |     |$.01 per sha|       |       |            |   |            |
                      |        |     |    | |           |   |     |     |re          |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Time Option (right to |$14.00  |     |    | |           |   |02/28|02/28|Common Stock|20,000 |       |20,000      |D  |            |
buy)                  |        |     |    | |           |   |/05  |/10  |, par value |       |       |            |   |            |
                      |        |     |    | |           |   |     |     |$.01 per sha|       |       |            |   |            |
                      |        |     |    | |           |   |     |     |re          |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
                      |        |     |    | |           |   |     |     |            |       |       |            |   |            |
___________________________________________________________________________________________________________________________________|
</TABLE>
Explanation of Responses:
(1)  Represents the number of units attributable to the reporting person's
participation in the Company's Discounted Stock Fund option of the UCAR
Carbon Savings
Plan.
(2)  Such options will vest upon the earlier of (i) the date on which the
closing price of the Company's Common Stock has been at least $50 per share
for the previous 20 consecutive trading days or (ii) February 9,
2004.
(3)  Of such options, 1,667 vested on each of May 21, 1999 and July 14, 1999
and 16,666 vested on September 29, 1999.
(4)  Represents obligations whose value is based on the Common Stock.  The
reporting person disclaims any beneficial ownership of any securities.
SIGNATURE OF REPORTING PERSON
/s/ Karen G. Narwold, Attorney-in-Fact for Luiz Beling
DATE
March 10, 2000



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