Richard J. Kramer - Feb 28, 2022 Form 4 Insider Report for GOODYEAR TIRE & RUBBER CO /OH/ (GT)

Role
Chairman of the Bd, CEO & Pres, Director
Signature
/s/ Daniel T Young, signing as an attorney-in-fact and agent duly authorized to execute this Form 4 on behalf of Richard J Kramer pursuant to a Power of Attorney dated 10/7/19, a copy of which has been previously filed with the SEC.
Stock symbol
GT
Transactions as of
Feb 28, 2022
Transactions value $
$0
Form type
4
Date filed
3/2/2022, 03:09 PM
Previous filing
Mar 1, 2022
Next filing
Apr 12, 2022

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 Performance Share Units +Grant/Award $0 +137,508 $0.00 137,508 Feb 28, 2022 Common Stock 137,508 Direct F1
transaction GT 2017 Plan Restricted Stock Units +Grant/Award $0 +206,262 $0.00 206,262 Feb 28, 2022 Common Stock 206,262 Direct F2

Explanation of Responses:

Id Content
F1 Performance Share Unit grant under the 2017 Performance Plan, contingently payable (to the extent earned) 100% in shares of common stock in February 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 targets over a 3-year period ending December 31, 2024, and is subject to further 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, 2024.
F2 Restricted Stock Unit ("RSU") grant under the 2017 Performance Plan. The RSUs will vest and convert into shares of common stock three years from the date of grant on February 28, 2025.