OWENS ILLINOIS INC /DE/ 4
4 · OWENS ILLINOIS INC /DE/ · Filed Mar 9, 2016
Insider Transaction Report
Form 4
Galindo Sergio B.O.
Sr. VP, Pres Asia/Pacific
Transactions
- Award
Common Stock (Direct)
2016-03-07+5,814→ 26,471 total - Award
Stock Option 03/07/2016 $15.05
2016-03-07+17,570→ 17,570 totalExercise: $15.05From: 2017-03-07Exp: 2023-03-07→ Common Stock (Direct) (17,570 underlying) - Award
Common Stock (Direct)
2016-03-07+2,167→ 28,638 total
Holdings
- 893(indirect: By 401(k))
Common Stock (Indirect)
Footnotes (3)
- [F1]The shares are subject to restrictions on sale that expire, either (i) as to 25% of the shares on each of the 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]Restricted shares received by the reporting person on March 7, 2016 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 2013-2015 grant period. The restricted stock units did not constitute derivative securities on the date of grant thereof.
- [F3]The options vest in four equal annual installments beginning on the first anniversary of the date of grant.