4 1 0001.txt FORM 4 - 5/31/00 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 Jones, Jeffrey T. One Gateway Center 19th Floor Pittsburgh, PA 15222 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 5/31/00 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) Vice President - Controller 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 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)| | ___________________________________________________________________________________________________________________________________| Common Stock, $.01 par va| | | | | | |1,817 (3) |D | | lue | | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ 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)| | ___________________________________________________________________________________________________________________________________| Employee Stock Optio|$28.875 | | | | | |(1) |7/31/|Common Stock| | |2,000 |D | | ns | | | | | | | |07 | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| (Right to Buy) | | | | | | | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Employee Stock Option|$21.5312| | | | | |(2) |7/31/|Common Stock| | |2,000 |D | | s (Right to Buy) |5 | | | | | | |08 | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Employee Stock Options|$13.9375| | | | | |(4) |7/31/|Common Stock| | |6,000 |D | | (Right to Buy) | | | | | | | |09 | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Employee Stock Option |$5.53125| | | | | |(5) |2/28/|Common Stock| | |5,000 |D | | (Right to Buy) | | | | | | | |10 | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Employee Stock Option |$3.5625 |5/1/0|A | |5,000 |A |(6) |5/1/1|Common Stock| | |5,000 |D | | (Right to Buy) | |0 | | | | | |0 | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: (1) Options become vested and exercisable as follows: 667 on July 31, 1998; 667 on July 31, 1999; and 666 on July 31, 2000. (2) Options become vested and exercisable as follows: 667 on July 31, 1999; 667 on July 31, 2000; and 666 on July 31, 2001. (3) Balance includes exempt, non-discretionary purchases of shares within the Company's 401(k) plan. (4) Options become vested and exercisable as follows: 2,000 on July 31, 2000; 2,000 on July 31, 2001; and 2,000 on July 31, 2002. (5) Options become vested and exercisable at a rate of one-third on each of February 28, 2001, 2002 and 2003 (6) Options beomce vested and exercisable at a rate of one-third on each of May 1, 2001, 2002 and 2003. SIGNATURE OF REPORTING PERSON Filed by EDGAR -- Manual signature maintained by the Company DATE June 12, 2000