Fish John D 4
4 · GOODYEAR TIRE & RUBBER CO /OH/ · Filed Feb 25, 2010
Insider Transaction Report
Form 4
Fish John D
Sr Vice Pres Global Operations
Transactions
- Award
2008 Plan Performance Share Units
2010-02-23+8,712→ 8,712 total→ Common Stock (8,712 underlying) - Award
2008 Plan Option
2010-02-23+33,585→ 33,585 totalExercise: $12.74Exp: 2020-02-23→ Common Stock (33,585 underlying)
Footnotes (3)
- [F1]Performance Unit Grant of a maximum of 8,712 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 8,712 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.
- [F2]Non-Qualified Stock Option in respect of shares of common stock granted under the 2008 Performance Plan.
- [F3]The option vests and becomes exercisable in 25% increments over four years commencing one year after the date of grant.