Richard J. Kramer - Feb 27, 2023 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 27, 2023
Transactions value $
$0
Form type
4
Date filed
3/1/2023, 03:39 PM
Previous filing
Feb 28, 2023
Next filing
Apr 12, 2023

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 Units +Grant/Award $0 +186,678 $0.00 186,678 Feb 27, 2023 Common Stock 186,678 Direct F1
transaction GT 2022 Plan Restricted Stock Units +Grant/Award $0 +280,017 $0.00 280,017 Feb 27, 2023 Common Stock 280,017 Direct F2

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 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 3-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 3-year period ending December 31, 2025.
F2 Restricted Stock Unit ("RSU") grant under the 2022 Performance Plan. The RSUs will vest and convert into shares of common stock three years from the date of grant on February 27, 2026.