Mark Wynn Stewart - 26 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 Mark W. Stewart pursuant to a Power of Attorney dated 1/22/24, a copy of which has been previously filed with the SEC.
Issuer symbol
GT
Transactions as of
26 Feb 2024
Net transactions value
$0
Form type
4
Filing time
28 Feb 2024, 18:04:21 UTC
Previous filing
29 Jan 2024
Next filing
12 Aug 2024

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 2022 Plan Performance Share Units Award $0 +228,619 $0.000000 228,619 26 Feb 2024 Common Stock 228,619 Direct F1
transaction GT 2022 Plan Performance Share Units Award $0 +408,975 $0.000000 408,975 26 Feb 2024 Common Stock 408,975 Direct F2
transaction GT 2022 Plan Performance Share Units Award $0 +421,253 $0.000000 421,253 26 Feb 2024 Common Stock 421,253 Direct F3
transaction GT 2022 Plan Restricted Stock Units Award $0 +228,619 $0.000000 228,619 26 Feb 2024 Common Stock 228,619 Direct F4
transaction GT 2022 Plan Restricted Stock Units Award $0 +136,325 $0.000000 136,325 26 Feb 2024 Common Stock 136,325 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance Share Unit grant under the 2022 Performance Plan, contingently payable (to the extent earned) 100% in shares of common stock in February 2027. The number of Units paid, which can range from 0% to 200% of the Units reported on this Form 4, depends on the attainment of certain performance goals over a 3-year period ending December 31, 2026, and is subject to increase or decrease of up to 20% based on the Company's total shareholder return vs. a peer group over the 3-year period ending December 31, 2026.
F2 Performance Share Unit grant under the 2022 Performance Plan, contingently payable (to the extent earned) 100% in shares of common stock on May 15, 2025. The number of Units paid, which can range from 0% to 200% of the Units reported on this Form 4, depends on the attainment of certain performance goals over a 1-year period ending December 31, 2024, and is subject to increase or decrease of up to 20% based on the Company's total shareholder return vs. a peer group over the 1-year period ending December 31, 2024.
F3 Performance Share Unit grant under the 2022 Performance Plan, contingently payable (to the extent earned) 100% in shares of common stock on May 15, 2026. The number of Units paid, which can range from 0% to 200% of the Units reported on this Form 4, depends on the attainment of certain performance goals over a 2-year period ending December 31, 2025, and is subject to increase or decrease of up to 20% based on the Company's total shareholder return vs. a peer group over the 2-year period ending December 31, 2025.
F4 Restricted Stock Unit ("RSU") grant under the 2022 Performance Plan. The RSUs will vest and convert into shares of common stock in 33% increments over three years commencing on March 1, 2025.
F5 RSU grant under the 2022 Performance Plan. The RSUs will vest and convert into shares of common stock on May 15, 2025.