Purtilar Mark Wayne 4
4 · GOODYEAR TIRE & RUBBER CO /OH/ · Filed Jan 24, 2011
Insider Transaction Report
Form 4
Purtilar Mark Wayne
VP and Chief Procurement Ofcr
Transactions
- Exercise/Conversion
Common Stock
2011-01-20+2,678→ 6,769 total - Tax Payment
Common Stock
2011-01-20$11.72/sh−764$8,954→ 6,005 total - Exercise/Conversion
2005 PRPA-CSE
2011-01-20−2,678→ 0 totalFrom: 2011-01-20Exp: 2011-01-20→ Common Stock (2,678 underlying)
Footnotes (1)
- [F1]Settlement of Common Stock Equivalent Units awarded on March 31, 2008 under the Company's Performance Recognition Plan and 2005 Performance Plan, the payment of which had been deferred by the reporting person until after December 31, 2010. A total of 2,678 shares of common stock were issued of which 764 shares were withheld for payment of taxes. The units had a value at January 20, 2011 (the date of distribution) equal to $11.72 per unit, the fair market value of a share of common stock on that date (the average of the high and low per share sale prices as reported on the New York Stock Exchange Composite Transactions tape).