GOODYEAR TIRE & RUBBER CO /OH/ 4
4 · GOODYEAR TIRE & RUBBER CO /OH/ · Filed Feb 25, 2015
Insider Transaction Report
Form 4
Fitzhenry Paul
Sr VP, Global Communications
Transactions
- Award
2013 Plan Performance Shares
2015-02-23+3,092→ 3,092 total→ Common Stock (3,092 underlying) - Award
2013 Plan Option
2015-02-23+11,013→ 11,013 totalExercise: $27.16Exp: 2025-02-23→ Common Stock (11,013 underlying)
Footnotes (3)
- [F1]Performance Share Unit grant under the 2013 Performance Plan, contingently payable (to the extent earned) 100% in shares of common stock in February 2018. The number of Units paid, which can range from 0% to 200% of the Units reported on this Form 4, depends on the attainment of certain performance targets over a 3-year period ending December 31, 2017, and is subject to further increase or decrease of up to 20% based on the Company's total shareholder return vs. the S&P 500 over the 3-year period ending December 31, 2017.
- [F2]Non-Qualified Stock Option in respect of shares of common stock granted under the 2013 Performance Plan.
- [F3]The option vests and becomes exercisable in 25% increments over four years commencing one year after the date of grant.