KERKER CYNTHIA M. 4
4 · FERRO CORP · Filed Feb 27, 2009
Insider Transaction Report
Form 4
FERRO CORPFOE
KERKER CYNTHIA M.
VP, Corporate Planning & Dev
Transactions
- Award
Common Stock - Restricted Shares
2009-02-25+2,000→ 2,000 total - Award
Stock Options (Right to Buy)
2009-02-25+6,200→ 6,200 totalExercise: $1.37From: 2010-02-25Exp: 2019-02-25→ Common Stock (6,200 underlying)
Holdings
- 113
Common Stock
- 250.445(indirect: Investment Savings Plan)
Common Stock
- 8,000
Common Stock - Restricted
- 0
Common Stock - Supp Exec Defined
- 1,249.94
Phantom Shares
→ Common Stock (1,249.94 underlying) - 2,500
Stock Options (Right to Buy)
Exercise: $26.00From: 2004-05-03Exp: 2014-05-03→ Common Stock (2,500 underlying) - 2,500
Stock Options (Right to Buy)
Exercise: $19.39From: 2006-02-07Exp: 2015-02-07→ Common Stock (2,500 underlying) - 8,500
Stock Options (Right to Buy)
Exercise: $20.69From: 2007-02-16Exp: 2016-02-16→ Common Stock (8,500 underlying) - 8,500
Stock Options (Right to Buy)
Exercise: $21.99From: 2008-02-06Exp: 2017-02-06→ Common Stock (8,500 underlying) - 6,200
Stock Options (Right to Buy)
Exercise: $17.26From: 2009-02-28Exp: 2018-02-28→ Common Stock (6,200 underlying)
Footnotes (4)
- [F1]Restricted shares of common stock granted under the Company's Long-Term Incentive Plan. The restricted shares vest on the third anniversary of the date of grant.
- [F2]Restricted shares of common stock granted under the Performance Share Plan. Restrictions expire based upon degree of acheivement of performance goal. At the end of the performance period, 50% of award is paid in shares free of restrictions, and 50% ispaid in cash. If the amount awarded is less than 100% of the restricted shares, the balance is forfeited to the company.
- [F3]Stock Option Grant. The options expire after ten years. Vesting of the options occurs over a four year period, with 25% of the grant vesting at the end of each of the four years.
- [F4]Represent phantom shares awarded under the Company's Supplemental Defined Contribution Plan for Executive Employees.