SEC Form 4 · accession 0001562180-18-001989
FERRO CORP · FOE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter T Thomas
Officer — Chairman, President and CEO · Director
Period of report
Apr 24, 2018
Accepted (ET)
Apr 26, 2018 · 4:47 pm EDT
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 | Apr 24, 2018 | M | 17,480 | — | A | 501,200 | D | |
| Common Stock | Apr 24, 2018 | F | 7,080 | $24.18 | D | 494,120 | D | |
| Common Stock | holding | — | — | — | 1,173 | I | Investment Savings Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitF1 | $0.00 | Apr 24, 2018 | M | 17,480 | D | Apr 24, 2016 | Apr 24, 2016 | Common Stock | 17,480 | 0 | D |
| Performance Share UnitF2 | $0.00 | holding | — | — | — | — | Dec 31, 2018 | Common Stock | 158,200 | 158,200 | D |
| Performance Share UnitF2 | $0.00 | holding | — | — | — | — | Dec 31, 2019 | Common Stock | 103,500 | 103,500 | D |
| Performance Share UnitF2 | $0.00 | holding | — | — | — | — | Dec 31, 2020 | Common Stock | 65,600 | 65,600 | D |
| Phantom SharesF3 | — | holding | — | — | — | — | — | Common Stock | 117,606 | 117,606 | D |
| Restricted Share Unit | $0.00 | holding | — | — | — | Feb 20, 2017 | Feb 20, 2017 | Common Stock | 46,100 | 46,100 | D |
| Restricted Share Unit | $0.00 | holding | — | — | — | Feb 18, 2018 | Feb 18, 2018 | Common Stock | 49,700 | 49,700 | D |
| Restricted Share Unit | $0.00 | holding | — | — | — | Feb 17, 2019 | Feb 17, 2019 | Common Stock | 63,300 | 63,300 | D |
| Restricted Share Unit | $0.00 | holding | — | — | — | Feb 15, 2020 | Feb 15, 2020 | Common Stock | 41,400 | 41,400 | D |
| Restricted Share Unit | $0.00 | holding | — | — | — | Feb 21, 2021 | Feb 21, 2021 | Common Stock | 26,200 | 26,200 | D |
| Stock Options (Right to Buy)F4 | $22.01 | holding | — | — | — | — | Feb 21, 2028 | Common Stock | 86,400 | 86,400 | D |
| Stock Options (Right to Buy) | $15.16 | holding | — | — | — | Feb 24, 2012 | Feb 24, 2021 | Common Stock | 38,000 | 38,000 | D |
| Stock Options (Right to Buy) | $14.27 | holding | — | — | — | Feb 15, 2018 | Feb 15, 2027 | Common Stock | 123,300 | 123,300 | D |
| Stock Options (Right to Buy) | $13.09 | holding | — | — | — | Feb 20, 2015 | Feb 20, 2024 | Common Stock | 95,300 | 95,300 | D |
| Stock Options (Right to Buy) | $12.33 | holding | — | — | — | Feb 18, 2016 | Feb 18, 2025 | Common Stock | 107,300 | 107,300 | D |
| Stock Options (Right to Buy) | $9.60 | holding | — | — | — | Feb 17, 2017 | Feb 17, 2026 | Common Stock | 185,700 | 185,700 | D |
| Stock Options (Right to Buy) | $8.25 | holding | — | — | — | Feb 25, 2011 | Feb 25, 2020 | Common Stock | 45,000 | 45,000 | D |
| Stock Options (Right to Buy) | $7.02 | holding | — | — | — | Apr 24, 2014 | Apr 24, 2023 | Common Stock | 98,800 | 98,800 | D |
| Stock Options (Right to Buy) | $6.84 | holding | — | — | — | Feb 23, 2013 | Feb 23, 2022 | Common Stock | 45,500 | 45,500 | D |
| Stock Options (Right to Buy) | $5.29 | holding | — | — | — | Feb 21, 2014 | Feb 21, 2023 | Common Stock | 68,800 | 68,800 | D |
Explanation of responses
- F1Restricted share units convert into Common Stock on a one-to-one basis.
- F2Performance 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.
- F3Represent phantom shares awarded under the Company's Supplemental Defined Contribution Plan for Executive Employees.
- F433+% per year for 3 years beginning on 21-Feb-2019