Brown Richard C. 4
4 · FERRO CORP · Filed Feb 27, 2012
Insider Transaction Report
Form 4
FERRO CORPFOE
Brown Richard C
Director
Transactions
- Exercise/Conversion
Deferred Stock Units
2012-02-25−4,200→ 0 totalFrom: 2012-02-25Exp: 2012-02-25→ Common Stock (4,200 underlying) - Exercise/Conversion
Common Stock
2012-02-25+4,200→ 12,200 total - Award
Deferred Stock Units
2012-02-24+12,000→ 12,000 totalFrom: 2013-02-24Exp: 2013-02-24→ Common Stock (12,000 underlying)
Footnotes (2)
- [F1]Vesting of Deferred Stock Units awarded to Non-Employee Directors. At the end of the deferral period of one year, the units are converted into an equal number of shares of Ferro Common Stock. The Directors may defer the payment of the shares by depositing them into their Directors' Deferred Compensation Plan account.
- [F2]Award granted to Non-Employee Directors. At the end of the deferral period of one year, the units are converted into an equal number of shares of Ferro Common Stock. The units do not have the right to vote or receive dividends and are subject to forfeiture if the recipient is no longer serving as a Director at the end of the deferral period except in the case of retirement, disability or death.