SEC Form 4 · accession 0001127602-15-034611
FERRO CORP · FOE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ann Killian
Officer — Vice President, Human Resource
Period of report
Dec 17, 2015
Accepted (ET)
Dec 18, 2015 · 4:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000035214
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 17, 2015 | S | 30,000 | $10.9864 | D | 38,547 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitF2 | $0.00 | holding | — | — | — | — | Dec 31, 2016 | Common Stock | 16,900 | 16,900 | D |
| Performance Share UnitF2 | $0.00 | holding | — | — | — | — | Dec 31, 2015 | Common Stock | 53,500 | 53,500 | D |
| Performance Share UnitF2 | $0.00 | holding | — | — | — | — | Dec 31, 2017 | Common Stock | 18,200 | 18,200 | D |
| Phantom SharesF3 | — | holding | — | — | — | — | — | Common Stock | 23,774 | 23,774 | D |
| Restricted Share Unit | $0.00 | holding | — | — | — | Feb 20, 2017 | Feb 20, 2017 | Common Stock | 6,700 | 6,700 | D |
| Restricted Share Unit | $0.00 | holding | — | — | — | Feb 23, 2015 | Feb 23, 2015 | Common Stock | 14,700 | 14,700 | D |
| Restricted Share Unit | $0.00 | holding | — | — | — | Feb 23, 2016 | Feb 23, 2016 | Common Stock | 21,400 | 21,400 | D |
| Restricted Share Unit | $0.00 | holding | — | — | — | Feb 18, 2018 | Feb 18, 2018 | Common Stock | 7,300 | 7,300 | D |
| Stock Options (Right to Buy) | $20.69 | holding | — | — | — | Feb 16, 2007 | Feb 16, 2016 | Common Stock | 15,500 | 15,500 | D |
| Stock Options (Right to Buy) | $21.99 | holding | — | — | — | Feb 6, 2008 | Feb 6, 2017 | Common Stock | 18,000 | 18,000 | D |
| Stock Options (Right to Buy) | $17.26 | holding | — | — | — | Feb 28, 2009 | Feb 28, 2018 | Common Stock | 17,000 | 17,000 | D |
| Stock Options (Right to Buy) | $8.25 | holding | — | — | — | Feb 25, 2011 | Feb 25, 2020 | Common Stock | 35,000 | 35,000 | D |
| Stock Options (Right to Buy) | $15.16 | holding | — | — | — | Feb 24, 2012 | Feb 24, 2021 | Common Stock | 26,600 | 26,600 | D |
| Stock Options (Right to Buy) | $6.84 | holding | — | — | — | Feb 23, 2013 | Feb 23, 2022 | Common Stock | 31,500 | 31,500 | D |
| Stock Options (Right to Buy) | $5.29 | holding | — | — | — | Feb 21, 2014 | Feb 21, 2023 | Common Stock | 44,900 | 44,900 | D |
| Stock Options (Right to Buy) | $13.09 | holding | — | — | — | Feb 20, 2015 | Feb 20, 2024 | Common Stock | 14,000 | 14,000 | D |
| Stock Options (Right to Buy) | $12.33 | holding | — | — | — | Feb 18, 2016 | Feb 18, 2025 | Common Stock | 15,700 | 15,700 | D |
Explanation of responses
- F1Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $10.96-$11.06. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
- F2Performance Share Units granted as a performance award, vesting based upon degree of acheivement of performance goal. At the end of the performance period, 50% of award is paid in common shares free of restrictions, and 50% is paid in cash. If the final amount is less than 100% of the share units, the balance is forfeited to the company.
- F3Represent phantom shares awarded under the Company's Supplemental Defined Contribution Plan for Executive Employees.