PITTS MILLICENT W 4
4 · FERRO CORP · Filed Feb 9, 2005
Insider Transaction Report
Form 4
FERRO CORPFOE
PITTS MILLICENT W
Vice President
Transactions
- Award
Stock Options (Right to buy)
2005-02-07+38,843→ 38,843 totalExercise: $19.39From: 2006-02-07Exp: 2015-02-07→ Common Stock (38,843 underlying) - Award
Stock Options (Right to buy)
2005-02-07+5,157→ 44,000 totalExercise: $19.39From: 2009-02-07Exp: 2015-02-07→ Common Stock (5,157 underlying) - Award
Common Stock - Restricted
2005-02-07$19.39/sh+7,900$153,181→ 33,100 total
Holdings
- 17,426
Common Stock
- 40,000
Stock Options (Right to buy)
Exercise: $25.50From: 2006-02-11Exp: 2012-02-11→ Common Stock (40,000 underlying) - 7,500
Stock Options (Right to buy)
Exercise: $29.25From: 1999-05-04Exp: 2008-05-04→ Common Stock (7,500 underlying) - 237.816(indirect: By Trust)
ESOP Convertible Preferred
Exercise: $46.38→ Common Stock (237.816 underlying) - 20,000
Stock Options (Right to buy)
Exercise: $18.50From: 2001-02-11Exp: 2010-02-11→ Common Stock (20,000 underlying) - 7,381.74(indirect: Investment Savings Plan)
Common Stock
- 55,000
Stock Options (Right to buy)
Exercise: $21.26From: 2007-02-28Exp: 2013-02-28→ Common Stock (55,000 underlying) - 21,000
Stock Options (Right to buy)
Exercise: $23.60From: 2002-02-09Exp: 2011-02-09→ Common Stock (21,000 underlying) - 4,622.719
Common Stock - Deferred Bonus Plan
- 3,169.967
Common Stock - Supp Exec Defined
- 15,000
Stock Options (Right to buy)
Exercise: $21.06From: 2000-02-25Exp: 2009-02-25→ Common Stock (15,000 underlying)
Footnotes (3)
- [F1]Restricted shares of common stock granted under the Performance Share Plan. Restrictions expire based upon degree of acheivement of performance goal. At the end of the performance period, 50% of award is paid in shares free of restrictions, and 50% ispaid in cash. If the amount awarded is less than 100% of the restricted shares, the balance is forfeited to the company.
- [F2]Stock Option Grant. Ten year life; 25% vesting the first four years. Upon retirement, unvested options become fully vested and availalble to exercise for the remaining life of the options.
- [F3]Price per share at which Ferro issued 1,520,215 shares of 7% Series A ESOP convertible Preferred Stock. Employees were only able to obtain preferred shares as part of the ESOP company match program. Shares can only be converted to common shares for distribution.