FERRO CORP 4
4 · FERRO CORP · Filed Apr 11, 2008
Insider Transaction Report
Form 4
FERRO CORPFOE
SULLIVAN DENNIS W
Director
Transactions
- Award
Common Stock
2008-04-09$14.75/sh+1,101.695$16,250→ 38,080.681 total(indirect: Director Deferred Comp Plan)
Holdings
- 2,625
Common Stock
- 3,800
Deferred Stock Units
From: 2009-02-28Exp: 2009-02-28→ Common Stock (3,800 underlying) - 7,000
Stock Options (Right to buy)
Exercise: $19.39From: 2006-02-07Exp: 2015-02-07→ Common Stock (7,000 underlying) - 2,500
Stock Options (Right to buy)
Exercise: $20.70From: 2002-04-27Exp: 2011-04-27→ Common Stock (2,500 underlying)
Footnotes (3)
- [F1]Director Fees are deferred quarterly to the Ferro Corporation Deferred Compensation Plan for Non-Employee Directors, which in turn, makes contributions to the Ferro Dividend Reinvestment Plan for the purchase of Ferro Common Stock. Deferral elections are irrevocable and distributions occur only upon death or cessation of the directorship.
- [F2]Balance includes shares acquired pursuant to dividend reinvestment.
- [F3]Award granted to Non-Employee Directors. At the end of the deferral period of one year, the units are redeemable for an equal number of shares of Ferro Common Stock. The units do not have the right to vote or receive dividends and are subject to forfeiture if the recipient is no longer serving as a Director at the end of the deferral period except in the case of retirement, disability or death.