SEC Form 5 · accession 0001127602-16-040233
FERRO CORP · FOE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey L Rutherford
Officer — V.P and CFO
Period of report
Dec 31, 2015
Accepted (ET)
Feb 9, 2016 · 4:41 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 | Mar 27, 2015 | G | 58,200 | $0.00 | A | 58,200 | I | By Alison Rutherford |
| Common StockF1 | Mar 27, 2015 | G | 58,200 | $0.00 | D | 48,300 | 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 | 30,700 | 30,700 | D |
| Performance Share UnitF2 | $0.00 | holding | — | — | — | — | Dec 31, 2015 | Common Stock | 77,300 | 77,300 | D |
| Performance Share UnitF2 | $0.00 | holding | — | — | — | — | Dec 31, 2017 | Common Stock | 33,100 | 33,100 | D |
| Phantom SharesF3 | — | holding | — | — | — | — | — | Common Stock | 14,742 | 14,742 | D |
| Restricted Share Unit | $0.00 | holding | — | — | — | Feb 20, 2017 | Feb 20, 2017 | Common Stock | 12,300 | 12,300 | D |
| Restricted Share Unit | $0.00 | holding | — | — | — | Apr 2, 2015 | Apr 2, 2015 | Common Stock | 23,300 | 23,300 | D |
| Restricted Share Unit | $0.00 | holding | — | — | — | Feb 23, 2016 | Feb 23, 2016 | Common Stock | 30,900 | 30,900 | D |
| Restricted Share Unit | $0.00 | holding | — | — | — | Feb 18, 2018 | Feb 18, 2018 | Common Stock | 13,300 | 13,300 | D |
| Stock Options (Right to Buy) | $5.95 | holding | — | — | — | Apr 2, 2013 | Apr 2, 2022 | Common Stock | 49,900 | 49,900 | D |
| Stock Options (Right to Buy) | $5.29 | holding | — | — | — | Feb 21, 2014 | Feb 21, 2023 | Common Stock | 65,000 | 65,000 | D |
| Stock Options (Right to Buy) | $13.09 | holding | — | — | — | Feb 20, 2015 | Feb 20, 2024 | Common Stock | 25,400 | 25,400 | D |
| Stock Options (Right to Buy) | $12.33 | holding | — | — | — | Feb 18, 2016 | Feb 18, 2025 | Common Stock | 28,600 | 28,600 | D |
Explanation of responses
- F1Shares gifted by Jeff Rutherford to his wife Alison Rutherford
- 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.