SEC Form 4 · accession 0001562180-19-001591
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
Feb 28, 2019
Accepted (ET)
Mar 4, 2019 · 4:42 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 | Feb 28, 2019 | M | 3,098 | — | A | 9,835 | 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 UnitF1,F2 | $0.00 | Feb 28, 2019 | M | 3,098 | D | — | Dec 31, 2018 | Common Stock | 3,098 | 0 | D |
Explanation of responses
- F1Performance 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.
- F2Remaining 602 Performance Share Units of the original grant were forfeited.