William Clay Ford Jr - Mar 3, 2023 Form 4 Insider Report for FORD MOTOR CO (F)

Signature
Victoria Pool, Attorney-in-Fact
Stock symbol
F
Transactions as of
Mar 3, 2023
Transactions value $
-$1,183,858
Form type
4
Date filed
3/7/2023, 07:11 PM
Previous filing
Mar 3, 2023
Next filing
Mar 21, 2023

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 +138K +13753200% 138K Mar 4, 2023 Direct F1
transaction F Common Stock, $0.01 par value Options Exercise +96.4K +70.06% 234K Mar 4, 2023 Direct F1
transaction F Common Stock, $0.01 par value Tax liability -$1.18M -90.5K -38.7% $13.08 143K Mar 4, 2023 Direct F2
holding F Common Stock, $0.01 par value 180K Mar 3, 2023 By Company Plan

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 -138K -49.25% 142K Mar 4, 2023 Common Stock, $0.01 par value 138K Direct F1
transaction F Ford Stock Units Options Exercise -96.4K -33% 196K Mar 4, 2023 Common Stock, $0.01 par value 96.4K Direct F1
transaction F Ford Stock Units Award +387K 387K Mar 3, 2023 Common Stock, $0.01 par value 387K Direct F3
* 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. The amount withheld for taxes was determined using the closing price of Ford stock on March 3, 2023.
F3 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 (03/03/2023), 66% after two years, and in full after three years.