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

Role
COO, Ford Model e
Signature
David J. Witten, Attorney-in-Fact
Stock symbol
F
Transactions as of
Nov 15, 2023
Transactions value $
-$214,070
Form type
4
Date filed
11/17/2023, 05:04 PM
Previous filing
Mar 7, 2023
Next filing
Feb 16, 2024

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 +46.2K +118.83% 85K Nov 15, 2023 Direct F1, F2
transaction F Common Stock, $0.01 par value Tax liability -$214K -20.4K -24.06% $10.47 64.5K Nov 15, 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 +191K 191K Nov 15, 2023 Common Stock, $0.01 par value 191K Direct F4
transaction F Ford Stock Units Options Exercise -46.2K -33% 93.7K Nov 15, 2023 Common Stock, $0.01 par value 46.2K 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.