SEC Form 4 · accession 0001127602-16-043207

FERRO CORP · FOE

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — V.P and CFO

Period of report

Feb 22, 2016

Accepted (ET)

Feb 24, 2016 · 5:31 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 Stock^F1	Feb 22, 2016	M	62,111	—	A	110,411	D
Common Stock	holding	—	—		—	58,200	I	By Alison Rutherford

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance Share Unit^F1,F2	$0.00	Feb 22, 2016	M	62,111	D	—	Dec 31, 2015	Common Stock	62,111	0	D
Performance Share Unit^F1	$0.00	holding	—	—	—	—	Dec 31, 2016	Common Stock	30,700	30,700	D
Performance Share Unit^F1	$0.00	holding	—	—	—	—	Dec 31, 2017	Common Stock	33,100	33,100	D
Performance Share Unit^F1	$0.00	holding	—	—	—	—	Dec 31, 2018	Common Stock	42,200	42,200	D
Phantom Shares^F3	—	holding	—	—	—	—	—	Common Stock	14,742	14,742	D
Restricted Share Unit^F4	$0.00	holding	—	—	—	Feb 20, 2017	Feb 20, 2017	Common Stock	12,300	12,300	D
Restricted Share Unit^F4	$0.00	holding	—	—	—	Apr 2, 2015	Apr 2, 2015	Common Stock	23,300	23,300	D
Restricted Share Unit^F4	$0.00	holding	—	—	—	Feb 23, 2016	Feb 23, 2016	Common Stock	30,900	30,900	D
Restricted Share Unit^F4	$0.00	holding	—	—	—	Feb 18, 2018	Feb 18, 2018	Common Stock	13,300	13,300	D
Restricted Share Unit^F4	$0.00	holding	—	—	—	Feb 17, 2019	Feb 17, 2026	Common Stock	16,900	16,900	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
Stock Options (Right to Buy)	$9.60	holding	—	—	—	Feb 17, 2017	Feb 17, 2026	Common Stock	49,500	49,500	D

F1Performance 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.
F2The remaining 15,189 Performance Share Units of the original grant were forfeited.
F3Represent phantom shares awarded under the Company's Supplemental Defined Contribution Plan for Executive Employees.
F4The date reflected above as the Date Exercisable is the scheduled vesting date of the Restricted Share Units. Once vested, settlement of the Restricted Share Units and delivery of common shares is subject to an additional two-year holding period.