FORM 4
[ ] 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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                      	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940	                      	

1. Name and Address of Reporting Person *

PAIGE TIMOTHY T	2. Issuer Name and Ticker or Trading Symbol

LIBBEY INC [ LBY ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Vice President-Administration	
(Last)          (First)          (Middle)

LIBBEY INC, PO BOX 10060	3. Date of Earliest Transaction (MM/DD/YYYY)

2/10/2011		
(Street)

TOLEDO, OH 43699-0060
(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				
Common Stock  	2/10/2011  	 	A	  	5949   (1)	A	$0  	43404.1262  	D  	 	
Common Stock  	 	 	 	  	 	 	 	20607.6906  	I  	by 401(k) plan  	

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					
Non-Qualified Stock Option (right to buy)  	$17  	2/10/2011  	 	A  	  	3511   	  	2/10/2012   (2)	2/10/2021  	Common Stock  	3511  	$0  	3511  	D  	 	
Non-Qualified Stock Option (right to buy)  	$1.07  	 	 	   	  	  	  	2/12/2010   (2)	2/12/2019  	Common Stock  	10207  	 	10207  	D  	 	
Non-Qualified Stock Option (right to buy)  	$10.13  	 	 	   	  	  	  	2/11/2011   (2)	2/11/2020  	Common Stock  	5487  	 	5487  	D  	 	
Non-Qualified Stock Option (right to buy)  	$11.79  	 	 	   	  	  	  	12/8/2006   (3)	12/8/2015  	Common Stock  	8000  	 	8000  	D  	 	
Non-Qualified Stock Option (right to buy)  	$12.8  	 	 	   	  	  	  	  (4)	2/17/2017  	Common Stock  	8632  	 	8632  	D  	 	
Non-Qualified Stock Option (right to buy)  	$15.35  	 	 	   	  	  	  	2/15/2009   (2)	2/15/2018  	Common Stock  	3995  	 	3995  	D  	 	
Non-Qualified Stock Option (right to buy)  	$20.39  	 	 	   	  	  	  	12/10/2005   (5)	12/11/2014  	Common Stock  	6500  	 	6500  	D  	 	
Non-Qualified Stock Option (right to buy)  	$23.93  	 	 	   	  	  	  	11/20/2003   (5)	11/21/2012  	Common Stock  	9500  	 	9500  	D  	 	
Non-Qualified Stock Option (right to buy)  	$28.53  	 	 	   	  	  	  	12/15/2004   (5)	12/16/2013  	Common Stock  	6200  	 	6200  	D  	 	
Non-Qualified Stock Option (right to buy)  	$30.55  	 	 	   	  	  	  	11/13/2002   (3)	11/14/2011  	Common Stock  	9500  	 	9500  	D  	 	

Explanation of Responses:	
(  1) 	Restricted stock units will vest 25% on each of the first, second, third and fourth anniversary dates provided the grantee remains continuously employed by the Company as of those respective dates.	
(  2) 	The options become exercisable for 25% of the shares on each of the first, second, third, and fourth anniversary dates.	
(  3) 	The options become exercisable for 40% of the shares on the first anniversary and 20% of the shares on the second, third and fourth anniversary dates.	
(  4) 	There were two grants on February 16, 2007. The grant of 4,504 options become exercisable for 25% of the shares on each of the first, second, third and fourth anniversary dates. The grant of 4,128 options become exercisable for 33% of the shares on the first, second and third anniversary dates.	
(  5) 	On December 6, 2005 the Board of Directors approved a motion to accelerate the vesting of all outstanding and unvested stock options that were awarded from 2002 - 2004.	

Reporting Owners	
Reporting Owner Name / Address	Relationships	
	Director	10% Owner	Officer	Other	
PAIGE TIMOTHY T
LIBBEY INC
PO BOX 10060
TOLEDO, OH 43699-0060			Vice President-Administration		

Signatures		
By: Wendy Daudelin, Attorney in fact For: Timothy T. Paige		2/11/2011	
** 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).	
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