SEC Form 4 · accession 0001225208-16-028978
O-I Glass, Inc. /DE/ · OI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Albert P L Stroucken
Officer — Exec. Chairman of the Board · Director
Period of report
Feb 29, 2016
Accepted (ET)
Mar 2, 2016 · 7:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000812074
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock (Direct)F1 | Jan 13, 2016 | G | 35,390 | $0.00 | A | 556,142 | D | |
| Common Stock (Direct)F2 | Feb 5, 2016 | G | 426,490 | $0.00 | D | 129,652 | D | |
| Common Stock (Direct) | Feb 29, 2016 | M | 205,400 | $10.13 | A | 335,052 | D | |
| Common Stock (Direct)F3,F4 | Feb 29, 2016 | S | 205,400 | $15.0538 | D | 129,652 | D | |
| Common Stock (Direct) | Mar 1, 2016 | M | 179,215 | $10.13 | A | 308,867 | D | |
| Common Stock (Direct)F3,F5 | Mar 1, 2016 | S | 179,215 | $14.4719 | D | 129,652 | D | |
| Common Stock (Indirect)F1 | Jan 13, 2016 | G | 35,390 | $0.00 | D | 380,120 | I | By GRAT |
| Common Stock (Indirect)F2 | Feb 5, 2016 | G | 426,490 | $0.00 | A | 806,610 | I | By GRAT |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option 3/07/09 $10.13F6 | $10.13 | Feb 29, 2016 | M | 205,400 | D | Mar 7, 2010 | Mar 7, 2016 | Common Stock (Direct) | 205,400 | 179,215 | D |
| Stock Option 3/07/09 $10.13F6 | $10.13 | Mar 1, 2016 | M | 179,215 | D | Mar 7, 2010 | Mar 7, 2016 | Common Stock (Direct) | 179,215 | 0 | D |
Explanation of responses
- F1These shares were transferred from a grantor retained annuity trust.
- F2These shares were contributed to a grantor retained annuity trust.
- F3The reported shares sold in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 6, 2015.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.8800 to $15.2600, inclusive. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.0500 to $15.2300, inclusive. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F6The options vested in four equal installments beginning on the first anniversary of the date of grant.