FERRO CORP 4
4 · FERRO CORP · Filed Apr 7, 2005
Insider Transaction Report
Form 4
FERRO CORPFOE
PITTS MILLICENT W
Vice President
Transactions
- Other
Common Stock - Deferred Bonus Plan
2005-04-05$18.75/sh+5,127.413$96,139→ 9,782.28 total - Other
Common Stock - Restricted
2005-04-05−7,000→ 26,100 total
Holdings
- 44,000
Stock Options (Right to buy)
Exercise: $19.39From: 2009-02-07Exp: 2015-02-07→ Common Stock (44,000 underlying) - 20,000
Stock Options (Right to buy)
Exercise: $18.50From: 2001-02-11Exp: 2010-02-11→ Common Stock (20,000 underlying) - 7,500
Stock Options (Right to buy)
Exercise: $29.25From: 1999-05-04Exp: 2008-05-04→ Common Stock (7,500 underlying) - 55,000
Stock Options (Right to buy)
Exercise: $21.26From: 2007-02-28Exp: 2013-02-28→ Common Stock (55,000 underlying) - 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) - 15,000
Stock Options (Right to buy)
Exercise: $21.06From: 2000-02-25Exp: 2009-02-25→ Common Stock (15,000 underlying) - 3,192.012
Common Stock - Supp Exec Defined
- 7,601.434(indirect: Investment Savings Plan)
Common Stock
- 21,000
Stock Options (Right to buy)
Exercise: $23.60From: 2002-02-09Exp: 2011-02-09→ Common Stock (21,000 underlying) - 238.292(indirect: By Trust)
ESOP Convertible Preferred
Exercise: $46.38→ Common Stock (238.292 underlying)
Footnotes (4)
- [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]Restricted shares of common stock granted under the Performance Share Plan. Restrictions expire based upon the degree of achievement of performance goal. At the time of the grant, the participant elected to defer 100% of award shares. If the amount awarded is less than 100% of the restricted shares, the balance is forfeited to the company.
- [F3]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.
- [F4]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.