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

Role
President, Integrated Services
Signature
Blair F. Petrillo, Attorney-in-Fact
Issuer symbol
F
Transactions as of
15 Nov 2024
Net transactions value
-$386,863
Form type
4
Filing time
19 Nov 2024, 16:44:47 UTC
Previous filing
16 Aug 2024
Next filing
03 Jan 2025
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 +78,796 +85% 171,700 15 Nov 2024 Direct F1
transaction F Common Stock, $0.01 par value Tax liability $386,863 -34,947 -20% $11.07 136,753 15 Nov 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 -78,796 -33% 159,981 15 Nov 2024 Common Stock, $0.01 par value 78,796 Direct F1, F3
transaction F Ford Stock Units Award +227,066 227,066 15 Nov 2024 Common Stock, $0.01 par value 227,066 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.