BOND JOHN R H 4
4 · FORD MOTOR CO · Filed Sep 2, 2004
Insider Transaction Report
Form 4
BOND JOHN R H
Director
Transactions
- Award
Ford Stock Units
2004-09-01+83→ 10,323 total→ Common Stock, $0.01 par value (83 underlying)
Holdings
- 1,399
Ford Stock Equivalents
→ Common Stock, $0.01 par value - 3,097
Common Stock, $0.01 par value
Footnotes (2)
- [F1]These Ford Stock Units result from dividend equivalents credited to my account by the Company, without payment by me, under the Company's Deferred Compensation Plan for Non-Employee Directors. In general, these Ford Stock Units will be converted and distributed to me, without payment, in cash, on January 10th of the year following termination of Board service, based upon the then current market value of a share of Common Stock.
- [F2]These Ford Stock Equivalents were acquired under the Company's Restricted Stock Plan for Non-Employee Directors without payment by me. In general, approximately 20% of the initial grant of 3,496 Ford Stock Equivalents will be converted and distributed to me, without payment, in shares of Common Stock on June 1 of each of the five years commencing 6/1/02.