4//SEC Filing
CONNELL THOMAS A 4
Accession 0001209191-10-012267
CIK 0000042582other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 6:23 PM ET
Size
14.8 KB
Accession
0001209191-10-012267
Insider Transaction Report
Form 4
CONNELL THOMAS A
Vice Pres & Controller
Transactions
- Exercise/Conversion
Common Stock
2010-02-25+4,300→ 29,482 total - Award
2008 Plan Option
2010-02-23+24,871→ 24,871 totalExercise: $12.74Exp: 2020-02-23→ Common Stock (24,871 underlying) - Disposition to Issuer
Common Stock
2010-02-25$14.28/sh−2,150$30,702→ 27,332 total - Award
2008 Plan Performance Share Units
2010-02-23+6,452→ 6,452 total→ Common Stock (6,452 underlying) - Exercise/Conversion
2005 Plan Performance Share Units
2010-02-25−4,300→ 0 total→ Common Stock (4,300 underlying)
Footnotes (5)
- [F1]The average of the high and low sales price per share on December 31, 2009, the last day of the related performance period.
- [F2]The number of Units paid, which could have been 0% to 200% of the base number of Units granted, depended 50% on cumulative net income and 50% on cumulative total cash flow, net of debt during the 3-year performance period ending December 31, 2009. This Form 4 reports the conversion of 4,300 Units, 100% of the base number of units granted, payable 50% in common stock, 50% in cash.
- [F3]Performance Unit Grant of a maximum of 6,452 units (150% of the base number of Units granted) under the 2008 Performance Plan, contingently payable (to the extent earned) 100% in shares of Common Stock, in February, 2013. 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 6,452 Units, depends 50% on the attainment of a net income target and 50% on the attainment of a cash flow target over a 1-year period ending December 31, 2010.
- [F4]Non-Qualified Stock Option in respect of shares of common stock granted under the 2008 Performance Plan.
- [F5]The option vests and becomes exercisable in 25% increments over four years commencing one year after the date of grant.
Documents
Issuer
GOODYEAR TIRE & RUBBER CO /OH/
CIK 0000042582
Entity typeother
Related Parties
1- filerCIK 0001136537
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 6:23 PM ET
- Size
- 14.8 KB