OWENS ILLINOIS INC /DE/ 4
4 · OWENS ILLINOIS INC /DE/ · Filed Feb 10, 2005
Insider Transaction Report
Form 4
MCDANIEL MICHAEL D
VP, Pres Closure & Specialty
Transactions
- Exercise/Conversion
Common Stock
2005-02-08$13.25/sh+9,000$119,250→ 101,594 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2005-02-08−9,000→ 0 totalExercise: $13.25Exp: 2005-06-30→ Common Stock (9,000 underlying) - Sale
Common Stock
2005-02-08$24.11/sh−9,000$216,990→ 92,594 total
Holdings
- 7,362.473(indirect: By 401(k))
Common Stock
Footnotes (1)
- [F1]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.