OWENS ILLINOIS INC /DE/ 4
4 · OWENS ILLINOIS INC /DE/ · Filed Apr 28, 2004
Insider Transaction Report
Form 4
BACHEY JOHN
VP-Dir Sales & Mkt-NA Glass
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2004-04-28−3,500→ 0 totalExercise: $11.00Exp: 2004-06-29→ Common Stock (3,500 underlying) - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2004-04-28−5,000→ 0 totalExercise: $12.50From: 1998-05-13Exp: 2004-05-14→ Common Stock (5,000 underlying) - Sale
Common Stock
2004-04-28$14.20/sh−6,800$96,560→ 87,242 total - Sale
Common Stock
2004-04-28$14.30/sh−1,600$22,880→ 85,642 total - Exercise/Conversion
Common Stock
2004-04-28$11.00/sh+3,500$38,500→ 89,042 total - Sale
Common Stock
2004-04-28$14.31/sh−100$1,431→ 85,542 total - Exercise/Conversion
Common Stock
2004-04-28$12.50/sh+5,000$62,500→ 94,042 total
Holdings
- 65,903.344(indirect: By 401(k))
Common Stock
- 5,000(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]These shares are held in a self-directed trust in which the reporting person's spouse is the grantor, trustee and beneficiary. The reporting person disclaims beneficial ownership of these securities and the filing of this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F2]Grant of option to purchase shares of common stock under the Amended and Restated Stock Option Plan for Key Employees of Owens-Illinois, Inc. in a transaction exempt under old Rule 16b-3. The option becomes exercisable in 50% increments on the fifth and sixth anniversaries of the date of the grant, respectively, subject to earlier exercise after the first anniversary of the grant based on stock price targets being met.