GOODYEAR TIRE & RUBBER CO /OH/ 4
4 · GOODYEAR TIRE & RUBBER CO /OH/ · Filed Feb 24, 2016
Insider Transaction Report
Form 4
BIALOSKY DAVID L
Sr Vice Pres, Gen Cnsl & Sec'y
Transactions
- Award
2013 Plan Performance Shares
2016-02-22+10,367→ 10,367 total→ Common Stock (10,367 underlying) - Award
2013 Plan Option
2016-02-22+39,010→ 39,010 totalExercise: $29.90Exp: 2026-02-22→ Common Stock (39,010 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 2019. 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, 2018, 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, 2018.
- [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.