FORD MOTOR CO 4
4 · FORD MOTOR CO · Filed Jun 2, 2006
Insider Transaction Report
Form 4
BOND JOHN R H
Director
Transactions
- Exercise/Conversion
Common Stock, $0.01 par value
2006-06-01+700→ 4,496 total - Award
Ford Stock Units
2006-06-01+456→ 32,326 total→ Common Stock, $0.01 par value (456 underlying) - Exercise/Conversion
Ford Stock Equivalents
2006-06-01−700→ 0 total→ Common Stock, $0.01 par value (700 underlying)
Footnotes (3)
- [F1]The reported transaction involved the conversion, without payment by me, of Ford Stock Equivalents into shares of Common Stock under the Company's Restricted Stock Plan for Non-Employee Directors.
- [F2]These Ford Stock Equivalents were acquired under the Company's Restricted Stock Plan for Non-Employee Directors without payment by me. In general, approximately 20% of the initial grant of 3,496 Ford Stock Equivalents will be converted and distributed to me, without payment, in shares of Common Stock on June 1 of each of the five years commencing 6/1/02.
- [F3]These Ford Stock Units result from dividend equivalents credited to my account by the Company, without payment by me, under the Company's Deferred Compensation Plan for Non-Employee Directors. In general, these Ford Stock Units will be converted and distributed to me, without payment, in cash, on January 10th of the year following termination of Board service, based upon the then current market value of a share of Common Stock.