SEC Form 4 · accession 0001209191-18-014622
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
Feb 26, 2018
Accepted (ET)
Feb 28, 2018 · 5:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000042582
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2017 Plan Performance SharesF1 | — | Feb 26, 2018 | A | 15,258 | A | — | — | Common Stock | 15,258 | 15,258 | D |
| 2017 Plan Restricted Stock UnitsF2 | — | Feb 26, 2018 | A | 22,887 | A | — | — | Common Stock | 22,887 | 22,887 | D |
Explanation of responses
- F1Performance Share Unit grant under the 2017 Performance Plan, contingently payable (to the extent earned) 100% in shares of common stock in February 2021. The number of Units paid, which can range from 0% to 200% of the Units reported on this Form 4, depends on the attainment of certain performance targets over a 3-year period ending December 31, 2020, and is subject to further increase or decrease of up to 20% based on the Company's total shareholder return vs. the S&P 500 over the 3-year period ending December 31, 2020.
- F2Restricted Stock Unit ("RSU") grant under the 2017 Performance Plan of The Goodyear Tire & Rubber Company. The RSUs will vest and convert into shares of Common Stock three years from the date of grant on February 26, 2021.