WHITE EDWARD C 4

4 · OWENS ILLINOIS INC /DE/ · Filed Mar 10, 2010

Form 4

Period: 2010-03-07

Sr. V.P. - CFO

Transactions

Sale
Common Stock (Direct)
2010-03-08$30.76/sh−343$10,552→ 113,742 total
Sale
Common Stock (Direct)
2010-03-08$30.81/sh−809$24,925→ 112,778 total
Award
Stock Option (March 7 2010)
2010-03-07+12,534→ 12,534 total
Exercise: $31.03Exp: 2017-03-07→ Common Stock (Direct) (12,534 underlying)
Award
Common Stock (Direct)
2010-03-07+13,256→ 111,152 total
Award
Common Stock (Direct)
2010-03-07+2,933→ 114,085 total
Sale
Common Stock (Direct)
2010-03-08$30.87/sh−155$4,784→ 113,587 total
Sale
Common Stock (Direct)
2010-03-09$31.41/sh−5,013$157,439→ 107,765 total

Holdings

Footnotes (4)

[F1]Restricted shares received by the reporting person on March 7, 2010 pursuant to action taken on that date by the Company's Compensation Committee determining the number of shares payable to the reporting person under certain restricted stock units granted for the 2007-2009 grant period. The restricted stock units did not constitute derivative securities on the date of grant thereof.
[F2]The shares are subject to restrictions on sale that expire, either (i) as to 25% of the shares on each of the first four anniversaries of the date of grant of such shares, or (ii) in their entirety upon the grantee's death or disability prior to a termination of employment.
[F3]All shares were sold by the reporting person to cover the withholding tax on shares of restricted stock on which the restrictions lapsed.
[F4]The option vests in four equal annual installments beginning on the first anniversary of the date of the grant.

Documents

1 file