Marin Gjaja - 15 Nov 2023 Form 4 Insider Report for FORD MOTOR CO (F)

Role
COO, Ford Model e
Signature
David J. Witten, Attorney-in-Fact
Issuer symbol
F
Transactions as of
15 Nov 2023
Net transactions value
-$214,070
Form type
4
Filing time
17 Nov 2023, 17:04:13 UTC
Previous filing
07 Mar 2023
Next filing
16 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction F Common Stock, $0.01 par value Options Exercise +46,153 +119% 84,993 15 Nov 2023 Direct F1, F2
transaction F Common Stock, $0.01 par value Tax liability $214,070 -20,446 -24% $10.47 64,547 15 Nov 2023 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction F Ford Stock Units Award +191,021 191,021 15 Nov 2023 Common Stock, $0.01 par value 191,021 Direct F4
transaction F Ford Stock Units Options Exercise -46,153 -33% 93,707 15 Nov 2023 Common Stock, $0.01 par value 46,153 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction involved the conversion, without payment by me, of Ford Stock Units into shares of Common Stock under the Company's Long-Term Incentive Plan.
F2 The balance shown includes 1,722 additional shares of Common Stock attributable to the settlement of dividend equivalents previously accrued on vested Ford Stock Units.
F3 These shares were withheld by the Company to cover my income tax liability relating to the award vesting of Common Stock under the Company's Long-Term Incentive Plan.
F4 These Ford Restricted Stock Units were acquired under the Company's Long-Term Incentive Plan without payment by me. These Ford Restricted Stock Units will be converted and distributed to me, without payment, in shares of Common Stock to the extent of 33% after one year from the date of grant (11/15/2023), 33% after two years, and in full after three years.