Stern Peter C 4
4 · FORD MOTOR CO · Filed Nov 19, 2024
Insider Transaction Report
Form 4
Stern Peter C
President, Integrated Services
Transactions
- Award
Ford Stock Units
2024-11-15+227,066→ 227,066 total→ Common Stock, $0.01 par value (227,066 underlying) - Exercise/Conversion
Common Stock, $0.01 par value
2024-11-15+78,796→ 171,700 total - Tax Payment
Common Stock, $0.01 par value
2024-11-15$11.07/sh−34,947$386,863→ 136,753 total - Exercise/Conversion
Ford Stock Units
2024-11-15−78,796→ 159,981 total→ Common Stock, $0.01 par value (78,796 underlying)
Footnotes (4)
- [F1]The reported transaction involved the conversion, without payment by me, of Ford Stock Units into shares of Common Stock under the Company's Long-Term Incentive Plan.
- [F2]These shares were withheld by the Company to cover my income tax liability relating to the award vesting of Common Stock under the Company's Long-Term Incentive Plan.
- [F3]The Form 4 filed November 17, 2023 incorrectly reported the vesting schedule for this award. This form correctly reports the vesting schedule as 33% after one year from the date of grant (11/15/2023), 33% after two years, and in full after three years.
- [F4]These Ford Restricted Stock Units were acquired under the Company's Long-Term Incentive Plan without payment by me. These Ford Restricted Stock Units will be converted and distributed to me, without payment, in shares of Common Stock to the extent of 33% after one year from the date of grant (11/15/2024), 66% after two years, and in full after three years.