OWENS ILLINOIS INC /DE/ 4
4 · OWENS ILLINOIS INC /DE/ · Filed Mar 11, 2014
Insider Transaction Report
Form 4
Galindo Sergio B.O.
Sr. VP, Pres Asia/Pacific
Transactions
- Award
Common Stock (Direct)
2014-03-07+2,231→ 16,644 total - Award
Common Stock (Direct)
2014-03-07+1,150→ 17,794 total - Award
Common Stock (Direct)
2014-03-07+296→ 18,090 total - Award
Stock Option 3/07/2014 $33.62
2014-03-07$33.62/sh+5,626$189,146→ 5,626 totalExercise: $33.62Exp: 2021-03-07→ Common Stock (Direct) (5,626 underlying)
Footnotes (4)
- [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]The option vests in four equal annual installments beginning on the first anniversary of the date of the grant.