Fish John D 4
4 · GOODYEAR TIRE & RUBBER CO /OH/ · Filed Oct 8, 2009
Insider Transaction Report
Form 4
Fish John D
Sr Vice Pres Global Operations
Transactions
- Award
2008 Plan Option
2009-10-06+20,329→ 20,329 totalExercise: $16.34Exp: 2019-10-06→ Common Stock (20,329 underlying) - Award
2008 Performance Units
2009-10-06+3,396→ 3,396 total→ Common Stock (3,396 underlying)
Footnotes (3)
- [F1]Performance Unit Grant of a maximum of 3,396 units (150% of the base number of Units) granted on October 6, 2009 under the 2008 Performance Plan, contingently payable (to the extent earned) 100% in shares of Common Stock, in February, 2012. The grantee may elect to defer (in Common Stock equivalents) all or a portion of the grant earned. Amounts deferred will be paid in shares of Common Stock. The number of Units paid, which can be zero to 3,396 Units, depends 25% on the attainment of a cumulative net income target and 75% on the attainment of a cumulative cash flow target over a 1-year period ending December 31, 2009.
- [F2]Non-Qualified Stock Option in respect of shares of common stock granted under the 2008 Performance Plan of The Goodyear Tire & Rubber Company.
- [F3]The option vests and becomes exercisable in 25% increments over four years commencing one year after the date of grant.