Peter C. Stern - Nov 15, 2024 Form 4 Insider Report for FORD MOTOR CO (F)

Role
President, Integrated Services
Signature
Blair F. Petrillo, Attorney-in-Fact
Stock symbol
F
Transactions as of
Nov 15, 2024
Transactions value $
-$386,863
Form type
4
Date filed
11/19/2024, 04:44 PM
Previous filing
Aug 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 +78.8K +84.81% 172K Nov 15, 2024 Direct F1
transaction F Common Stock, $0.01 par value Tax liability -$387K -34.9K -20.35% $11.07 137K Nov 15, 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 Options Exercise -78.8K -33% 160K Nov 15, 2024 Common Stock, $0.01 par value 78.8K Direct F1, F3
transaction F Ford Stock Units Award +227K 227K Nov 15, 2024 Common Stock, $0.01 par value 227K Direct F4
* 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 the award vesting of Common Stock under the Company's Long-Term Incentive Plan.
F3 The Form 4 filed November 17, 2023 incorrectly reported the vesting schedule for this award. This form correctly reports the vesting schedule as 33% after one year from the date of grant (11/15/2023), 33% after two years, and in full after three years.
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 (11/15/2024), 66% after two years, and in full after three years.