FERRO CORP 4
4 · FERRO CORP · Filed Jul 10, 2006
Insider Transaction Report
Form 4
FERRO CORPFOE
Russell Barry D
Vice President, Electronic Mat
Transactions
- Award
Common Stock - Restricted
2006-07-06$15.96/sh+15,000$239,400→ 23,000 total
Holdings
- 62,750
Stock Options (Right to buy)
Exercise: $19.43From: 2007-04-24Exp: 2016-04-24→ Common Stock (62,750 underlying)
Footnotes (1)
- [F1]Restricted shares of common stock granted as a Special Retention and Performance Award. Restrictions expire based upon degree of achievement of performance goal. At the end of the performance period, 50% of award is paid in shares free of restrictions, and 50% is paid in cash. If the amount awarded is less than 100% of the restricted shares, the balance is forfeited to the Company.