SEC Form 4 · accession 0001562180-17-003878
FERRO CORP · FOE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Barna
Officer — Chief Accounting Officer
Period of report
Dec 13, 2017
Accepted (ET)
Dec 14, 2017 · 4:39 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 | Dec 13, 2017 | M | 633 | $9.60 | A | 8,428 | D | |
| Common Stock | Dec 13, 2017 | M | 2,200 | $13.09 | A | 10,628 | D | |
| Common Stock | Dec 13, 2017 | M | 1,500 | $6.84 | A | 12,128 | D | |
| Common Stock | Dec 13, 2017 | M | 1,667 | $12.33 | A | 13,795 | D | |
| Common Stock | Dec 13, 2017 | M | 6,000 | $5.29 | A | 19,795 | D | |
| Common StockF1 | Dec 13, 2017 | S | 1,500 | $23.3907 | D | 18,295 | D | |
| Common Stock | Dec 13, 2017 | S | 633 | $23.355 | D | 17,662 | D | |
| Common StockF2 | Dec 13, 2017 | S | 2,200 | $23.3534 | D | 15,462 | D | |
| Common StockF3 | Dec 13, 2017 | S | 6,000 | $23.3721 | D | 9,462 | D | |
| Common StockF4 | Dec 13, 2017 | S | 1,667 | $23.355 | D | 7,795 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $13.09 | Dec 13, 2017 | M | 2,200 | D | Feb 20, 2015 | Feb 20, 2024 | Common Stock | 2,200 | 0 | D |
| Stock Options (Right to Buy) | $12.33 | Dec 13, 2017 | M | 1,667 | D | Feb 18, 2016 | Feb 18, 2025 | Common Stock | 1,667 | 833 | D |
| Stock Options (Right to Buy) | $9.60 | Dec 13, 2017 | M | 633 | D | Feb 17, 2017 | Feb 17, 2026 | Common Stock | 633 | 3,667 | D |
| Stock Options (Right to Buy) | $6.84 | Dec 13, 2017 | M | 1,500 | D | Feb 23, 2013 | Feb 23, 2022 | Common Stock | 1,500 | 0 | D |
| Stock Options (Right to Buy) | $5.29 | Dec 13, 2017 | M | 6,000 | D | Feb 21, 2014 | Feb 21, 2023 | Common Stock | 6,000 | 0 | D |
| Performance Share UnitF5 | $0.00 | holding | — | — | — | — | Dec 31, 2017 | Common Stock | 2,900 | 2,900 | D |
| Performance Share UnitF5 | $0.00 | holding | — | — | — | — | Dec 31, 2018 | Common Stock | 3,700 | 3,700 | D |
| Performance Share UnitF5 | $0.00 | holding | — | — | — | — | Dec 31, 2019 | Common Stock | 3,500 | 3,500 | D |
| Phantom SharesF6,F5 | — | holding | — | — | — | — | — | Common Stock | 1,465 | 1,465 | D |
| Restricted Share UnitF7 | $0.00 | holding | — | — | — | Feb 21, 2016 | Feb 21, 2016 | Common Stock | 2,900 | 2,900 | D |
| Restricted Share Unit | $0.00 | holding | — | — | — | Feb 18, 2018 | Feb 18, 2018 | Common Stock | 1,200 | 1,200 | D |
| Restricted Share Unit | $0.00 | holding | — | — | — | Feb 17, 2019 | Feb 17, 2019 | Common Stock | 1,500 | 1,500 | D |
| Restricted Share Unit | $0.00 | holding | — | — | — | Feb 15, 2020 | Feb 15, 2020 | Common Stock | 1,400 | 1,400 | D |
| Stock Options (Right to Buy) | $14.27 | holding | — | — | — | Feb 15, 2018 | Feb 15, 2027 | Common Stock | 4,100 | 4,100 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $23.39 USD to $23.40 USD; the price reported above reflects the weighted average sale price.
- F2This transaction was executed in multiple trades at prices ranging from $23.35 USD to $23.355 USD; the price reported above reflects the weighted average sale price.
- F3This transaction was executed in multiple trades at prices ranging from $23.35 USD to $23.40 USD; the price reported above reflects the weighted average sale price.
- F4This transaction was executed in multiple trades at prices ranging from $23.355 USD to $23.355 USD; the price reported above reflects the weighted average sale price.
- F5Performance Share Units granted as a performance award, vesting based upon degree of achievement 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.
- F6Represent phantom shares awarded under the Company's Supplemental Defined Contribution Plan for Executive Employees.
- F7The 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.