OWENS ILLINOIS INC /DE/ 4
4 · OWENS ILLINOIS INC /DE/ · Filed Mar 11, 2014
Insider Transaction Report
Form 4
BAEHREN JAMES W
Sr. VP, CAO & General Counsel
Transactions
- Award
Common Stock (Direct)
2014-03-07+4,462→ 73,856 total - Award
Common Stock (Direct)
2014-03-07+2,850→ 76,706 total - Sale
Common Stock (Direct)
2014-03-07$33.83/sh−6,268$212,017→ 72,119 total - Award
Stock Option 3/07/2014 $33.62
2014-03-07$33.62/sh+11,253$378,326→ 11,253 totalExercise: $33.62Exp: 2021-03-07→ Common Stock (Direct) (11,253 underlying) - Award
Common Stock (Direct)
2014-03-07+1,681→ 78,387 total - Sale
Common Stock (Direct)
2014-03-10$33.20/sh−10,000$331,970→ 62,119 total
Holdings
- 18,942.695(indirect: By 401(k))
Common Stock (Indirect)
Footnotes (7)
- [F1]The shares are subject to restrictions on sale that expire, either (i) as to 25% of the shares on each of the first four anniversaries of the date of grant of such shares, or (ii) in their entirety upon the grantee's death or disability prior to a termination of employment.
- [F2]The shares are subject to restrictions on sale that expire, either (i) as to 50% of the share on each of the first two anniversaries of the date of grant of such shares, or (ii) in their entirty upon the grantee's death or disability prior to a termination of employment.
- [F3]Restricted shares received by the reporting person on March 7, 2014 pursuant to action taken on that date by the Company's Compensation Committee determining the number of shares payable to the reporting person under certain restricted stock units granted for the 2011-2013 grant period. The restricted stock units did not constitute derivative securities on the date of grant thereof.
- [F4]Some of the shares were sold by the reporting person to cover the withholding tax on shares of restricted stock on which the restrictions lapsed and on shares payable under the restricted stock units granted for the 2011-2013 grant period.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.50 to $34.35, inclusive. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.15 to $33.305, inclusive. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F7]The option vests in four equal annual installments beginning on the first anniversary of the date of the grant.