GOODYEAR TIRE & RUBBER CO /OH/ 4
4 · GOODYEAR TIRE & RUBBER CO /OH/ · Filed Apr 15, 2004
Insider Transaction Report
Form 4
HUDSON WILLIAM J JR
Director
Transactions
- Award
ODEPP
2004-04-14$8.96/sh+2,232.143$20,000→ 12,540.618 totalExercise: $8.96→ Common Stock (2,232.143 underlying)
Footnotes (5)
- [F1]Units, each equivalent to a hypothetical share of the common stock of the Company and payable only in cash, awarded pursuant to the Company's Outside Directors' Equity Participation Plan (the "Plan") and accrued to the Equity Participation Account of the reporting person in accordance with the Plan. On April 13, 2004, the Plan was amended to increase the amount of the quarterly award from $7,500 to $17,500 and to provide for a one-time award of $20,000 on April 14, 2004.
- [F2]Each unit was valued at the fair market value (the average of the high and low sale prices on the NYSE) on the business day preceding the Transaction Date. Each unit will be converted to a dollar amount at the fair market value of a share of common stock on the Conversion Date as specified in the Plan. Each unit accrued to a Plan Account receives dividend equivalents (converted into units) until the Conversion Date. After the Conversion Date until paid, the units will accrue interest as provided in the Plan.
- [F3]Units, each having a value equal to the fair market value of a share of the Company's common stock on the business day preceding the Transaction Date, were awarded pursuant to the Plan and accrued to the Equity Participation Account of the reporting person on the Transaction Date.
- [F4]Not applicable.
- [F5]Total units accrued to the Equity Participation Account of the reporting person as of the date of this statement.