SEC Form 4 · accession 0001209191-16-150519
GOODYEAR TIRE & RUBBER CO /OH/ · GT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen R McClellan
Officer — President, Americas
Period of report
Nov 15, 2016
Accepted (ET)
Nov 16, 2016 · 4:22 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 | Nov 15, 2016 | M | 4,500 | $24.71 | A | 78,639 | D | |
| Common StockF1 | Nov 15, 2016 | F | 4,029 | $31.0656 | D | 74,610 | D | |
| Common StockF1 | Nov 15, 2016 | S | 471 | $31.0656 | D | 74,139 | D | |
| Common StockF2 | holding | — | — | — | 1,064 | 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 | Nov 15, 2016 | M | 4,500 | D | Feb 27, 2011 | Feb 27, 2017 | Common Stock | 4,500 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $31.0624 to $31.0695. 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.
- 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 November 15, 2016 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).