4//SEC Filing
FERRO CORP 4
Accession 0001127602-16-050496
CIK 0000035214operating
Filed
May 1, 8:00 PM ET
Accepted
May 2, 4:52 PM ET
Size
7.2 KB
Accession
0001127602-16-050496
Insider Transaction Report
Form 4
FERRO CORPFOE
PISTELL TIMOTHY K
Director
Transactions
- Award
Deferred Stock Units
2016-04-28+8,000→ 22,800 total→ Common Stock (8,000 underlying)
Holdings
- 16,000
Common Stock
- 34,700(indirect: Director Deferred Comp Plan)
Common Stock
Footnotes (2)
- [F1]Each DSU is the economic equivalent of one share of Ferro common stock.
- [F2]Award granted to Non-Employee Directors. The Deferred Stock Units vest immediately at the time of the Award; however, the Deferred Stock Units will be held for the account of the Recipient and will not be converted into shares of Ferro Common Stock until the Recipient ceases to serve as a Director of the Company (the "Holding Period"). Upon cessation of Recipient's service as a Director, one share of Ferro Common Stock will be delivered for each Deferred Stock Unit held. During the Holding Period, the Recipient will not be entitled to exercise any voting rights with respect to the shares of Ferro Common Stock that correspond to the Deferred Stock Units, but the Recipient will be entitled to receive a cash payment equivalent to any cash distributions or dividends paid on Ferro Common Stock with respect to the Deferred Stock Units during the Holding Period.
Documents
Issuer
FERRO CORP
CIK 0000035214
Entity typeoperating
IncorporatedOH
Related Parties
1- filerCIK 0000035214
Filing Metadata
- Form type
- 4
- Filed
- May 1, 8:00 PM ET
- Accepted
- May 2, 4:52 PM ET
- Size
- 7.2 KB