Marin Gjaja - 03 Mar 2024 Form 4 Insider Report for FORD MOTOR CO (F)

Role
COO, Ford Model e
Signature
Blair F. Petrillo, Attorney-in-Fact
Issuer symbol
F
Transactions as of
03 Mar 2024
Net transactions value
-$124,338
Form type
4
Filing time
05 Mar 2024, 17:35:28 UTC
Previous filing
16 Feb 2024
Next filing
19 Nov 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 +19,981 +21% 114,089 03 Mar 2024 Direct F1
transaction F Common Stock, $0.01 par value Options Exercise +14,101 +12% 128,190 04 Mar 2024 Direct F1
transaction F Common Stock, $0.01 par value Tax liability $124,338 -9,987 -7.8% $12.45 118,203 04 Mar 2024 Direct F2

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 +59,340 59,340 04 Mar 2024 Common Stock, $0.01 par value 59,340 Direct F3
transaction F Ford Stock Units Options Exercise -19,981 -33% 40,569 03 Mar 2024 Common Stock, $0.01 par value 19,981 Direct F1
transaction F Ford Stock Units Options Exercise -14,101 -49% 14,528 04 Mar 2024 Common Stock, $0.01 par value 14,101 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 These shares were withheld by the Company to cover my income tax liability relating to March 3, 2024 and March 4, 2024 vesting of awards of Common Stock under the Company's Long-Term Incentive Plan. The amount withheld for taxes for each award was determined using the closing price of Ford stock on March 1, 2024.
F3 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 (03/04/2024), 66% after two years, and in full after three years.