ORTINO HECTOR R 4

4 · FERRO CORP · Filed Feb 9, 2005

Form 4

Period: 2005-02-07

DirectorCorporate Executive OfficerOther

Transactions

Award
Common Stock - Restricted
2005-02-07$19.39/sh+30,000$581,700→ 146,500 total
Award
Stock Options (Right to buy)
2005-02-07+5,157→ 162,000 total
Exercise: $19.39From: 2009-02-07Exp: 2015-02-07→ Common Stock (5,157 underlying)
Award
Stock Options (Right to buy)
2005-02-07+156,843→ 156,843 total
Exercise: $19.39From: 2006-02-07Exp: 2015-02-07→ Common Stock (156,843 underlying)

Holdings

Common Stock
(indirect: By Spouse)
5,977
Common Stock
(indirect: By Trust)
700
Stock Options (Right to buy)
Exercise: $18.50From: 2001-02-11Exp: 2010-02-11→ Common Stock (70,000 underlying)
70,000
ESOP Convertible Preferred
(indirect: By Trust)
Exercise: $2.60→ Common Stock (3,963.39 underlying)
3,963.39
Common Stock
(indirect: Investment Savings Plan)
17,579.17
Stock Options (Right to buy)
Exercise: $19.50From: 1998-01-17Exp: 2007-01-17→ Common Stock (52,000 underlying)
52,000
Stock Options (Right to buy)
Exercise: $23.60From: 2002-02-09Exp: 2011-02-09→ Common Stock (122,000 underlying)
122,000
Stock Options (Right to buy)
Exercise: $21.26From: 2007-02-28Exp: 2013-02-28→ Common Stock (175,000 underlying)
175,000
Common Stock - Supp Exec Defined
12,494.025
Common Stock
(indirect: By Trust)
73,034
Common Stock - Deferred Bonus Plan
1,924.436
Stock Options (Right to buy)
Exercise: $22.94From: 1999-01-13Exp: 2008-01-13→ Common Stock (50,000 underlying)
50,000
Stock Options (Right to buy)
Exercise: $25.50From: 2006-02-11Exp: 2012-02-11→ Common Stock (155,000 underlying)
155,000

Footnotes (3)

[F1]Restricted shares of common stock granted under the Performance Share Plan. Restrictions expire based upon degree of acheivement of performance goal. At the end of the performance period, 50% of award is paid in shares free of restrictions, and 50% ispaid in cash. If the amount awarded is less than 100% of the restricted shares, the balance is forfeited to the company.
[F2]Stock Option Grant. Ten year life; 25% vesting the first four years. Upon retirement, unvested options become fully vested and availalble to exercise for the remaining life of the options.
[F3]Price per share at which Ferro issued 1,520,215 shares of 7% Series A ESOP convertible Preferred Stock. Employees were only able to obtain preferred shares as part of the ESOP company match program. Shares can only be converted to common shares for distribution.

Documents

1 file