Marin Gjaja - Mar 3, 2023 Form 4 Insider Report for FORD MOTOR CO (F)

Role
Chief Cust. Off., Ford Model e
Signature
Victoria Pool, Attorney-in-Fact
Stock symbol
F
Transactions as of
Mar 3, 2023
Transactions value $
-$54,047
Form type
4
Date filed
3/7/2023, 07:19 PM
Previous filing
Feb 16, 2023
Next filing
Nov 17, 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 +14.1K +53.77% 40.3K Mar 4, 2023 Direct F1
transaction F Common Stock, $0.01 par value Tax liability -$54K -4.13K -10.25% $13.08 36.2K Mar 4, 2023 Direct F2

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 -14.1K -33% 28.6K Mar 4, 2023 Common Stock, $0.01 par value 14.1K Direct F1
transaction F Ford Stock Units Award +60.6K 60.6K Mar 3, 2023 Common Stock, $0.01 par value 60.6K 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.