Darren R. Wells - 20 Feb 2024 Form 4 Insider Report for GOODYEAR TIRE & RUBBER CO /OH/ (GT)

Signature
/s/ Daniel T Young, signing as an attorney-in-fact and agent duly authorized to execute this Form 4 on behalf of Darren R Wells pursuant to a Power of Attorney dated 10/7/2019, a copy of which has been previously filed with the SEC.
Issuer symbol
GT
Transactions as of
20 Feb 2024
Net transactions value
-$188,137
Form type
4
Filing time
22 Feb 2024, 16:28:48 UTC
Previous filing
20 Feb 2024
Next filing
28 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GT Common Stock Options Exercise $837,966 +82,803 +68% $10.12 204,961 20 Feb 2024 Direct
transaction GT Common Stock Tax liability $895,069 -72,229 -35% $12.39 132,732 20 Feb 2024 Direct F1
transaction GT Common Stock Sale $131,034 -10,574 -8% $12.39 122,158 20 Feb 2024 Direct F1

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 GT 2017 Plan Option Options Exercise $0 -82,803 -43% $0.000000 110,406 20 Feb 2024 Common Stock 82,803 $10.12 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $12.36 to $12.42. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 Non-Qualified Stock Option in respect of shares of common stock granted under the 2017 Performance Plan.
F3 The option vests and becomes exercisable in 25% increments over four years commencing one year after the date of grant (February 25, 2020).