SEC Form 4 · accession 0001209191-19-014071
GOODYEAR TIRE & RUBBER CO /OH/ · GT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darren R Wells
Officer — Executive VP and CFO
Period of report
Feb 25, 2019
Accepted (ET)
Feb 27, 2019 · 4:30 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 25, 2019 | A | 28,884 | A | — | — | Common Stock | 28,884 | 28,884 | D |
| 2017 Plan Performance SharesF2 | — | Feb 25, 2019 | A | 173,110 | A | — | — | Common Stock | 173,110 | 173,110 | D |
| 2017 Plan Restricted Stock UnitsF3 | — | Feb 25, 2019 | A | 43,326 | A | — | — | Common Stock | 43,326 | 43,326 | 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 2022. 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, 2021, 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, 2021.
- F2Performance Share Unit grant under the 2017 Performance Plan, contingently payable (to the extent earned) 100% in shares of common stock in February 2022. 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 February 24, 2022.
- F3Restricted Stock Unit ("RSU") grant under the 2017 Performance Plan. The RSUs will vest and convert into shares of common stock three years from the date of grant on February 25, 2022.