4//SEC Filing
FORTUNATO EDUARDO A 4
Accession 0001209191-10-012272
CIK 0000042582other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 6:28 PM ET
Size
14.9 KB
Accession
0001209191-10-012272
Insider Transaction Report
Form 4
FORTUNATO EDUARDO A
President, Latin America Reg
Transactions
- Exercise/Conversion
Common Stock
2010-02-25+5,900→ 18,065 total - Exercise/Conversion
2005 Plan Performance Share Units
2010-02-25−5,900→ 0 total→ Common Stock (5,900 underlying) - Award
2008 Plan Option
2010-02-23+38,911→ 38,911 totalExercise: $12.74Exp: 2020-02-23→ Common Stock (38,911 underlying) - Disposition to Issuer
Common Stock
2010-02-25$14.28/sh−2,950$42,126→ 15,115 total - Award
2008 Plan Performance Share Units
2010-02-23+10,091→ 10,091 total→ Common Stock (10,091 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 5,900 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 10,091 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 10,091 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 0001269854
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 6:28 PM ET
- Size
- 14.9 KB