SEC Form 4 · accession 0001209191-15-083793
GOODYEAR TIRE & RUBBER CO /OH/ · GT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darren R Wells
Officer — President, EMEA
Period of report
Dec 3, 2015
Accepted (ET)
Dec 7, 2015 · 5:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000042582
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 3, 2015 | M | 13,500 | $24.71 | A | 130,222 | D | |
| Common StockF1 | Dec 3, 2015 | F | 11,481 | $34.6292 | D | 118,741 | D | |
| Common Stock | Dec 3, 2015 | M | 12,333 | $26.74 | A | 131,074 | D | |
| Common StockF1 | Dec 3, 2015 | F | 10,870 | $34.6292 | D | 120,204 | D | |
| Common Stock | Dec 3, 2015 | M | 47,613 | $12.98 | A | 167,817 | D | |
| Common StockF1 | Dec 3, 2015 | F | 31,991 | $34.6292 | D | 135,826 | D | |
| Common Stock | Dec 3, 2015 | M | 785 | $22.62 | A | 136,611 | D | |
| Common StockF1 | Dec 3, 2015 | F | 643 | $34.6292 | D | 135,968 | D | |
| Common Stock | Dec 3, 2015 | M | 12,562 | $26.44 | A | 148,530 | D | |
| Common StockF1 | Dec 3, 2015 | F | 11,014 | $34.6292 | D | 137,516 | D | |
| Common StockF1 | Dec 3, 2015 | S | 20,794 | $34.6292 | D | 116,722 | D | |
| Common StockF2 | holding | — | — | — | 142 | I | 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2005 Plan OptionF3,F4 | $24.71 | Dec 3, 2015 | M | 13,500 | D | Feb 27, 2011 | Feb 27, 2017 | Common Stock | 13,500 | 0 | D |
| 2005 Plan OptionF3,F5 | $26.74 | Dec 3, 2015 | M | 12,333 | D | Feb 21, 2012 | Feb 21, 2018 | Common Stock | 12,333 | 0 | D |
| 2008 Plan OptionF6,F7 | $12.98 | Dec 3, 2015 | M | 47,613 | D | Feb 28, 2015 | Feb 28, 2023 | Common Stock | 47,613 | 47,613 | D |
| 2013 Plan OptionF8,F9 | $22.62 | Dec 3, 2015 | M | 785 | D | Dec 13, 2015 | Dec 13, 2023 | Common Stock | 785 | 2,358 | D |
| 2013 Plan OptionF8,F10 | $26.44 | Dec 3, 2015 | M | 12,562 | D | Feb 24, 2015 | Feb 24, 2024 | Common Stock | 12,562 | 37,689 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $34.49 to $34.88. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F10The option vested and became exercisable in 25% increments over four years commencing one year after the date of grant (2/24/2014).
- F2Total number of shares of common stock allocated to the account of the reporting person in a Trust established under Goodyear's Employee Savings Plan for Salaried Employees, 401(k) Plan, as of December 3, 2015 as reported by the Plan Trustee.
- F3Non-Qualified Stock Option in respect of shares of common stock granted under the 2005 Performance Plan.
- F4The option vested and became exercisable in 25% increments over four years commencing one year after the date of grant (2/27/2007).
- F5The option vested and became exercisable in 25% increments over four years commencing one year after the date of grant (2/21/2008).
- F6Non-Qualified Stock Option in respect of shares of common stock granted under the 2008 Performance Plan.
- F7The option vested and became exercisable in 25% increments over four years commencing one year after the date of grant (2/28/2013).
- F8Non-Qualified Stock Option in respect of shares of common stock granted under the 2013 Performance Plan.
- F9The option vested and became exercisable in 25% increments over four years commencing one year after the date of grant (12/13/2013).